Motives are goal-oriented and drive us to fulfill a particular need. A consumer who determined that she needs a new pair of sneakers to help her reach her goal of being admired by others can pick amongst Keds, Adidas, Nike, Air Jordans, and numerous other choices, each of which promises to deliver positive benefits. This is an example of:

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.

Which statement defines the term price ?