According to the law of demand
A) people buy more of a good when the price rises.
B) people buy more of a good when their income rises.
C) people buy more of a good when the relative price rises.
D) people buy more of a good when the price falls.
D
Economics
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Suppose two countries, A and B, are at war with each other. Country A is very wealthy; country B is very poor. The XYZ Co produces tanks
Is XYZ able to set a different price for the tank sold to country A than the price for the tank sold to country B? Explain.
Economics
If the interest is 5%, should the firm undertake the investment?
a. Yes, since NPV=0 b. Yes, since NPV<0 c. Yes, since NPV>0 d. No, since NPV=0
Economics