Which of the following would cause a decrease in the demand for film?
a. a decrease in the price of film processing
b. an increase in the price of film
c. an increase in income of camera users
d. an increase in the price of cameras
e. an increase in supply of cameras
D
You might also like to view...
Germany and Japan pay a higher price for raising capital because of
A) having rather illiquid securities markets. B) unresolved stockholder-lender and manager-stockholder conflicts. C) allowing banks to hold substantial ownership shares in large firms. D) shutting large firms out of those securities markets.
The long-run aggregate supply curve is upward sloping (rather than vertical) in the short-run due to
A. sticky wages B. sticky employment C. sticky interest rates D. sticky output
Japan, Singapore, and Taiwan have all:
A. imitated South Korea's export-led growth policy and failed. B. had success with import substitution policy. C. had success with export-led growth policy. D. imitated South Korea's import substitution policy and failed.
When the invisible hand of self-interest results in an efficient outcome, market failure is the result.
Answer the following statement(s) true (T) or false (F)