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The law of __________ states that price and quantity supplied move in the same direction. A. supply B. economics C. capitalism D. demand
The law of SUPPLY states that price and quantity supplied move in the same direction.
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Asked 4/29/2015 9:47:13 AM
Updated 4/29/2015 10:02:33 AM
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Confirmed by jeifunk [4/29/2015 10:02:33 AM]
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Demand is the __________ and __________ to buy a given good or service. A. passion . . . desire B. willingness . . . ability C. need . . . opportunity D. motivation . . . determination
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Demand is the willingness and ability to buy a given good or service.
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An association of workers created to improve the working conditions and wages of its members is a labor union.
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Early American private banks were allowed to print paper money called bank notes.
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Updated 7/8/2015 6:26:52 AM
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A characteristic of biographies is that they are a form of nonfiction.
Added 7/8/2015 6:26:52 AM
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Confirmed by jeifunk [7/8/2015 6:33:32 AM]
If a company has monopoly power in a market, it means the company can do all of the following without fear of competition EXCEPT: A. reduce output B. raise prices C. create new products D. limit consumer choice
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Updated 8/22/2016 2:49:58 AM
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If a company has monopoly power in a market, it means the company can do all of the following without fear of competition EXCEPT: reduce output.
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