Tobacco prices fell dramatically in the early 1600s in spite of demand increases because:
a. supply was also increasing.
b. supply was decreasing.
c. new farming machinery was introduced.
d. the colonial government provided agriculture subsidies for tobacco farmers.
a. supply was also increasing.
Economics
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A) Loan B) Principal C) Interest D) Collateral
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When a firm uses a form of quantity discrimination that charges large purchasers less it is the high quantity purchasers that generate most profit
Indicate whether the statement is true or false
Economics