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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.
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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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A cost that stays constant is a: a. variable cost c. marginal cost b. fixed cost d. total cost
Weegy: A cost that stays constant is a: FIXED COST. (More)
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Updated 3/27/2016 12:07:09 AM
A demand curve illustrates the quantity demanded at every possible price at a given time. true or false
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Updated 232 days ago|8/9/2016 2:53:43 PM
A demand curve illustrates the quantity demanded at every possible price at a given time. TRUE.
Added 232 days ago|8/9/2016 2:53:43 PM
Confirmed by Andrew. [8/10/2016 4:53:47 AM]
Define regulation
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Updated 1/7/2014 9:42:22 AM
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.
The two principles of taxation are the benefit principle and the ability-to-pay principle.
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Updated 182 days ago|9/28/2016 4:51:57 PM
The two principles of taxation are the benefit principle and the ability-to-pay principle. TRUE.
Added 182 days ago|9/28/2016 4:51:57 PM
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