Figure 4.5 illustrates a set of supply and demand curves for hamburgers. A decrease in demand and a decrease in quantity supplied are represented by a movement from

A) point a to point c. B) point d to point b. C) point b to point c. D) point c to point a.

C

Economics

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The father of modern economics that wrote The Wealth of Nations is:

a. Karl Marx b. John Maynard Keynes c. Adam Smith d. Thorstein Veblen

Economics

For a large group of individuals, the proportion of people who will have accidents is

A. extremely unstable. B. extremely predictable. C. always constant. D. extremely unpredictable.

Economics