A recent study indicated that "Stricter college alcohol policies such as raising the price of alcohol, or banning alcohol on campus, decreases the number of students who use marijuana"
This indicates that the cross-price elasticity between alcohol and marijuana is positive.
Indicate whether the statement is true or false
FALSE
Economics
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In January, suppose that a share of stock in Meyer, Inc had a price of $50 and that each share entitled its owner to $2 of Meyer, Inc's profit. During the year, the price of a share of Meyer's stock rose to $100
The interest rate paid on the share in January was ________ percent. A) 2 B) 0.02 C) 4 D) 25
Economics
The study of a single firm and how it determines prices would fall under:
A) macroeconomics. B) microeconomics. C) the study of inflation. D) normative economics.
Economics