Consider the following: The relative price of movies this year has
A) increased.
B) decreased.
C) stayed the same.
D) Not enough information has been given to calculate an answer.
B
Economics
You might also like to view...
What does the sign (positive/negative) of the cross elasticity of demand tell us about the relationship between two goods?
What will be an ideal response?
Economics
Which of the following activities undertaken by a competitive firm can improve its public relations?
a. Investing in assets that cannot easily be redeployed to other uses or locations. b. Donating a portion of its annual profit to hurricane affected families c. Providing good quality products at a high price. d. Investing in in-house research
Economics