Suppose the price of skateboards were to fall. Other things constant, what is the least likely to occur?
A) More skateboards will be purchased.
B) The demand for skateboards will increase.
C) More helmets will be purchased.
D) The demand for helmets will increase.
B
Economics
You might also like to view...
A perfectly competitive firm with a random demand has a ________ demand curve and ________ marginal revenue curve.
A) horizontal; horizontal B) vertical; horizontal C) vertical; vertical D) horizontal; vertical
Economics
The concave shape of the PPC indicates that:
What will be an ideal response?
Economics