The quantity of CDs that firms plan to sell this month depends on all of the following EXCEPT the
A) number of producers of CDs.
B) quantity of CDs that people plan to buy.
C) wage rate of workers who produce CDs.
D) price of a CD.
B
Economics
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If x increases whenever y decreases, then x and y are
A) not related. B) positively related. C) directly related. D) negatively related. E) related but whether positively or negatively related depends on whether the x variable or the y variable is plotted on the vertical axis.
Economics
A good that is both rival and exclusive is called
a. a private good b. a public good c. a quasi-private good d. an external good e. an open access good
Economics