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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. Please select the best answer from the choices provided T F
TRUE. When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases.
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Asked 5/13/2014 6:14:57 AM
Updated 5/13/2014 6:54:25 AM
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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. Please select the best answer from the choices provided T F
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jeifunk
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TRUE. When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases.
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Added 5/13/2014 6:54:25 AM
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a payment to the government on the production or sale of a good
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Updated 5/13/2014 8:29:19 AM
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paral
M
A tax is a payment to the government on the production or sale of a good.
Added 5/13/2014 8:22:51 AM
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What is the effect of import restrictions on prices? a. They cause prices to drop. b. They cause prices to rise. c. They often cause prices to rise steeply and then drop. d. They usually do not have any lasting effect on price.
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They cause prices to rise. This is the effect of import restrictions on prices.
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Updated 5/13/2014 6:45:27 AM
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what is a government payment that supports a business or market
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Updated 5/13/2014 6:38:33 AM
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jeifunk
M
SUBSIDY is a government payment that supports a business or market.
Added 5/13/2014 6:38:33 AM
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a government payment that supports a business or market
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SUBSIDY is a government payment that supports a business or market.
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Updated 5/13/2014 6:31:48 AM
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