Suppose that in October the price of a cup of cafe latte was $2.50 and 400 lattes were consumed. In November the price of a latte was $2.00 and 300 lattes were consumed. What might have caused this change?
A) The price of tea (a substitute for cafe lattes) rose.
B) The price of tea (a substitute for cafe lattes) fell.
C) The price of coffee beans (an input of production of cafe lattes) rose.
D) The price of coffee beans (an input of production of cafe lattes) fell.
B
Economics
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To prove an offence under the rule of reason, the government need only show that an offending practice took place
Indicate whether the statement is true or false
Economics