Refer to Figure 4.2. A shift from D1 to D2 will result from which of the following?
A) an increase in expected future profits
B) an increase in corporate taxes
C) an increase in tax credits for savings
D) a decrease in the desire of households to consume today
A
Economics
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Comment on the following statement: "I decided to buy a car from a dealer in a town 100 miles away because he was offering a price that was $100 lower than the dealer in my hometown. Therefore, I saved $100"
What will be an ideal response?
Economics
When many sellers are involved in selling their products in a market, the market structure may be which of the following? i. perfect competition ii. monopolistic competition iii. monopoly
a. (i) only b. either (i) or (ii) c. (ii) only d. (i), (ii), or (iii)
Economics