As people have become more health-conscious and decided to eat food that is better for them
A) the demand curve for scooters has shifted to the right.
B) the demand curve for cupcakes has shifted to the right.
C) the demand curve for oranges and apples has shifted to the right.
D) None of the above.
C
Economics
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When an investment bank guarantees an issuer of new securities a certain price it is acting as a(n)
A) auctioneer. B) underwriter. C) broker. D) dealer.
Economics
The marginal cost of extraction of a nonrenewable resource increases with passage of time because:
a. the technology used in extraction depreciates in value. b. the price of the product that uses this resource decreases. c. the exchange rate in the international market appreciates. d. the tragedy of commons problem arises. e. the resource gradually becomes scarce.
Economics