When the price of a product changes,
a. it only causes an income effect by changing the...
![subject](/tpl/images/cats/ekonomika.png)
Business, 29.01.2020 17:53 mariaramirez110379
When the price of a product changes,
a. it only causes an income effect by changing the purchasing power of the consumer.
b. it changes the relative price of the product causing a network effect and at the same time it changes the purchasing power of the buyer causing an income effect as well.
c. it changes the relative price of the product causing a substitution effect and at the same time it changes the purchasing power of the buyer causing an income effect as well.
d. it only causes a substitution effect by changing the relative price of the product?
![ansver](/tpl/images/cats/User.png)
Answers: 3
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 20:30
What is the difference between a public and a private corporation?
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:50
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
You know the right answer?
Questions
![question](/tpl/images/cats/istoriya.png)
History, 01.12.2019 04:31
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/fizika.png)
Physics, 01.12.2019 04:31
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/istoriya.png)
History, 01.12.2019 04:31
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/biologiya.png)
Biology, 01.12.2019 04:31
![question](/tpl/images/cats/mat.png)
Mathematics, 01.12.2019 04:31
![question](/tpl/images/cats/obshestvoznanie.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/geografiya.png)
Geography, 01.12.2019 04:31
![question](/tpl/images/cats/biologiya.png)
Biology, 01.12.2019 04:31
![question](/tpl/images/cats/geografiya.png)
Geography, 01.12.2019 04:31
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 01.12.2019 04:31
![question](/tpl/images/cats/en.png)
English, 01.12.2019 04:31
![question](/tpl/images/cats/en.png)