Business, 13.02.2022 17:10 dmfraley01
Nail polish and polish remover are related goods because they are frequently bought together. If nail polish becomes cheaper, what happens to the demand for polish remover?
A) Demand decreases by moving along the current demand curve
B) Demand decreases by shifting the demand curve to the left
C) Demand increases by moving along the current demand curve
D) Demand increases by shifting the demand curve to the right
Why?
Answers: 1
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Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value
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Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
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Business, 22.06.2019 19:00
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
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Nail polish and polish remover are related goods because they are frequently bought together. If nai...
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