Question and answer
When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases. true or false
When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases. This is TRUE.
Expert answered|debnjerry|Points 54305|
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Asked 107 days ago|1/7/2014 8:15:47 AM
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Questions asked by the same visitor
A reduction in the number of sellers will shift the supply curve to the right. true or false
Weegy: A reduction in the number of sellers will shift the supply curve to the right false (More)
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All Categories|No Subcategories|Expert Answered
Asked 107 days ago|1/7/2014 8:17:09 AM
0 Answers/Comments
Define regulation
Question
All Categories|No Subcategories|Not Answered
Updated 107 days ago|1/7/2014 9:42:22 AM
1 Answer/Comment
Regulation is defined as imposition of rules by government, backed by the use of penalties that are intended specifically to modify the economic behaviour of individuals and firms in the private sector.
Added 107 days ago|1/7/2014 9:42:22 AM
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