Which of the following lists give world exports in the order of their value, from highest to lowest?
a. Aircraft, motor vehicle parts, crude petroleum
b. Aircraft, crude petroleum, motor vehicle parts
c. Crude petroleum, office and telecom equipments, automotive parts
d. Motor vehicle parts, aircraft, crude petroleum
e. Motor vehicle parts, crude petroleum, aircraft
c
Economics
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Refer to Scenario 3.1. What is the total utility that Andy will receive if he consumes 5 units of potato chips (Qp) and no Cola drink (Qc)?
A) 4 utils B) 10 utils C) 30 utils D) 40 utils E) none of the above
Economics
A decrease in the price of bubble gum below equilibrium will
A. Shift the bubble gum demand curve to the right. B. Cause a shortage of bubble gum. C. Cause a surplus of bubble gum. D. Shift the bubble gum supply curve to the right.
Economics