Which of the following pairs of goods has a negative cross-price elasticity?
A) Pens and paper notebooks
B) Nokia and Samsung cell phones
C) Compact Disks (CDs) and electronic music files
D) Motorcycles and typewriters
A
Economics
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What is a multilateral trade pact? Discuss the first one that was formed and what its impact has been.
What will be an ideal response?
Economics
The economy is in an expansion and the housing market is growing. As a result of this, a home builder doubles his sales force. This would be best described as an example of a reduction in
A. structural unemployment. B. frictional unemployment. C. natural unemployment. D. cyclical unemployment.
Economics