The cross elasticity of demand for substitutes is always positive
Indicate whether the statement is true or false
TRUE
Economics
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The supply curve for a particular bond is horizontal
a. True b. False
Economics
If beans are inferior goods, a decrease in income will
A. cause beans to sell at a lower price. B. increase the production of beans. C. shift the demand curve for beans to the left. D. shift the demand curve for beans to the right.
Economics