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Q: Advances in technology have reduced the cost of manufacturing MP3 players. If demand does not change, A. more MP3 players will be sold at a higher price. B. fewer MP3 players will be sold at a
higher price. C. more MP3 players will be sold at a lower price. D. fewer MP3 players will be sold at a lower price.
A: C. more MP3 players will be sold at a lower price.
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User: Advances in technology have reduced the cost of manufacturing MP3 players. If demand does not change, A. more MP3 players will be sold at a higher price. B. fewer MP3 players will be sold at a higher price. C. more MP3 players will be sold at a lower price. D. fewer MP3 players will be sold at a lower price.

Weegy: C. more MP3 players will be sold at a lower price.
rugmaker|Points 2351|

User: Which of the following programs was President Roosevelt establishing when he spoke these words? A. Temporary Assistance for Needy Families B. Social Security C. War on Poverty D. The New Deal

Weegy: B. Social Security
Alaked|Points 50|

User: A major characteristic of monopolistic competition is that prices will be A. higher than in perfect competition. B. lower than in perfect competition. C. higher than in a true monopoly. D. unrelated to the type of competition.

Weegy: A. higher than in perfect competition.
markworley|Points 340|

User: How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market? A. The price is higher. B. The price is lower. C. The prices cannot be compared. D. The prices are the same.

Weegy: A. The price is higher.
akone|Points 140|

User: You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of contraction. What is the main subject of this article? A. poverty B. microeconomics C. the business cycle D. voluntary exchange

Weegy: C. the business cycle
rugmaker|Points 2351|

User: Which is a real-life example of a market that is close to perfect competition? A. a computer monopoly B. an oil and gas cartel C. a farmers’ market D. a public school system

Weegy: The correct answer is C. A farmers market.
Slayin|Points 743|

User: Why does a government place price ceilings, such as rent control, on some “essential” goods? A. to prevent the development of a black market B. to encourage an increase in supply of necessary items C. to limit the impact of equilibrium pricing D. to help reduce demand for these goods

Weegy: D. to help reduce demand for these goods a government place price ceilings, such as rent control, on some ?essential? goods.
mirajane|Points 156|

User: In what way does the Bill of Rights protect individuals’ freedom to engage in business activities? A. It recognizes property rights. B. It denies the government the ability to regulate commerce. C. It provides free contracts. D. It provides each industry with a competitive edge.

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Asked 11/7/2012 9:43:10 PM
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