If Pepsi decided to raise its price, you would expect the price of Coca Cola
A) to fall.
B) to raise.
C) Their prices should have no relationship because Pepsi and Coca Cola are not related.
D) None of the above answers are correct.
B
Economics
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The monetarists would expect a tax cut to have a strong effect on output only if the spending increase was
a. financed by a sale of bonds. b. financed by a cut in government spending. c. financed by an increase in the money stock. d. accompanied by a reduction in the deficit.
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Business people often use "hunches" and intuition to make decisions regarding what to produce
a. True b. False Indicate whether the statement is true or false
Economics