Equilibrium price is _____.



Fill in the blank(s) with the appropriate word(s).

$15

Economics

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For the Jones household it has been estimated that for every ten degrees increase in the outdoor temperature the consumption of ice tea increases by 5 glasses

What type of relationship exists between temperature change and the consumption of ice tea? A) negative relationship B) positive relationship C) no relationship D) maximum relationship

Economics

The ratio at which a country can trade its exports for imports from other countries is called

A) a free trade agreement. B) the terms of trade. C) a trade barrier. D) autarky.

Economics