________ are(is) generated when increasing production lowers the average cost of each unit produced

A property was valued using the income capitalization approach. If the property taxes increase by $1,000 with all other factors remaining the same, the property value will:

a. increase by an amount more than the property tax increase b. increase by an amount equal to the property tax increase c. decrease by an amount more than the property tax increase d. decrease by an amount equal to the property tax increase

Young teenage girls are very heavy users of makeup (especially eye shadow)

Though the size of this market is smaller than the larger adult market, marketers have learned that the consumption pattern is very heavy and these young women experiment with many varieties of products. This market most closely resembles which of the following principles? A) The 80/20 principle B) The pyramid principle C) The derived demand principle D) The surrogate buyer principle