When the price of baseballs decreases by 15 percent, the quantity demanded increases by 25 percent. Which of the following does this example show?

A decrease in demand for a normal good could be caused by a(n)

a. increase in price b. decrease in price c. decrease in consumer incomes d. increase in consumer incomes e. increase in production costs

Some good did come from the internet bubble of the late 1990s. One good thing was that:

A. people learned they should not invest in dotcom companies. B. the theory of efficient markets doesn't always hold and consistently better-than-market returns are achievable. C. start-up companies found they could bypass venture capitalists and raise funds directly from the capital markets. D. stock market bubbles do not have to result in an inefficient allocation of resources.