Each of the following is a determinant of demand except
a. tastes.
b. production technology.
c. expectations.
d. the prices of related goods.
b
Economics
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Ceteris paribus, which of the following would cause the aggregate demand curve to shift to the right?
a. higher personal taxes b. a rise in consumer confidence c. reduced stock market wealth d. a reduction in transfer payments
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Can a firm's average cost be rising if it is greater than the firm's marginal cost? Explain
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