During the mid-2000s, the average price of a used car fell by nearly $500 and the quantity sold nation-wide decreased by several thousand each year. This set of results is a contradiction of the law of demand

Indicate whether the statement is true or false

FALSE

Economics

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The concept of private property is

A) a legal absolute. B) a matter of degree. C) a moral absolute. D) an invention of economists.

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Stockholders

A) select the managers of a corporation. B) select the employees of a corporation. C) select the board of directors of a corporation. D) all of the above.

Economics