A reduction in the cost of cable TV subscriptions will ________ the ________ for televisions
A) decrease; supply
B) decrease; demand
C) increase; supply
D) increase; demand
E) None of the above is correct.
D
Economics
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When GM advertises its cars, the company is trying to cause a
a. rightward shift in the supply. b. rightward shift in the demand. c. leftward shift in the supply. d. leftward shift in the demand.
Economics
Which of the following would be most likely to improve the standard of living of a less-developed country?
a. development of strong labor unions b. more foreign investment, attracted by the expectation of economic and political stability c. adoption of trade barriers (higher tariffs and quotas) d. widespread use of price controls to allocate goods and resources
Economics