Which of the following is NOT a determinant of demand?

A) consumers' incomes
B) prices of other goods
C) consumers' tastes
D) production technology

D

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The implicit rental rate for capital is

A) an accounting cost. B) part of the firm's normal profit. C) an opportunity cost. D) a cost that is irrelevant to the business.

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Why do economists care about aggregate expenditures?

What will be an ideal response?

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