Because Corning produces durable goods, the demand for their goods
A) declines when incomes in the economy are rising.
B) is likely to increase during recession.
C) is consistently high, regardless of the state of the economy.
D) tends to follow the business cycle.
D
Economics
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Which of the following is not an impure public good?
a. a full movie theatre b. a fairly congested highway c. a swimming pool at ninety percent capacity d. the average major league baseball game in early April
Economics
Microeconomics is defined as that part of economic analysis that
A) studies the behavior of the economy as a whole. B) includes the problems of inflation and unemployment. C) studies individual decision making by households and firms. D) concerns aggregate production and consumption.
Economics