An increase in the price of a good normally increases the
a. demand for its substitutes
b. supply of complements for the good
c. purchasing power of consumers' dollar incomes
d. money income of the consumer
e. quantity demanded of all goods that are unrelated to the good in question
A
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Price discrimination is
A) always illegal in the United States. B) defined as charging the same price to all consumers. C) defined as charging different prices for different units. D) setting the price to minimize the quantity sold. E) Both answers A and C are correct.
Refer to the given information. The unemployment rate in Scoob is:
Answer the question on the basis of the following information about the hypothetical economy of Scoob. All figures are in millions.
A. 2.5 percent.
B. 3.2 percent.
C. 5.0 percent.
D. 6.9 percent.