An increase in the price of a substitute shifts the demand curve to the _______
a. right
b. left
c. it does not change the demand curve
d. none of the above
a
Economics
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A capital inflow occurs when a
A) domestic resident purchases a domestic asset. B) domestic resident purchases a foreign asset. C) foreign resident purchases a domestic asset. D) foreign resident purchases a foreign asset.
Economics
Suppose that real domestic output in an economy is 300 units, the quantity of inputs is 50, and the price of each input is $9. The level of productivity in this economy is:
A. 50. B. 5. C. 6. D. 9.
Economics