According to the law of demand, if the price of a good increases, other things being equal, the quantity demanded will decrease

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Refer to the scenario above. If Maria's opportunity cost of time increases to $80 per hour, the cost involved in taking the train is:

A) $320. B) $720. C) $800. D) $970.

Economics

In the generalized dividend model, if the expected sales price is in the distant future

A) it does not affect the current stock price. B) it is more important than dividends in determining the current stock price. C) it is equally important with dividends in determining the current stock price. D) it is less important than dividends but still affects the current stock price.

Economics