The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell. The relationship between the price and the quantity the florist can sell is
A) positive.
B) negative.
C) nonexistent.
D) linear.
E) cross-sectionally trended.
B
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If the Costa Rican colone is expected to depreciate in the future, it will temporarily appreciate as people move to take advantage based on this expectation
Indicate whether the statement is true or false
Which of the following is an administered interest rate set by commercial banks?
A) The discount rate B) The federal funds rate C) The prime rate D) The commercial paper rate
If C = $1,000 + 0.8(Y) and intended investment is $4,000 . then the equilibrium level of national income will be
a. $3,200 b. $25,000 c. $7,778 d. $13,200 e. $14,000
A shift of the U.S. demand curve for Mexican pesos to the left and a decrease in the pesos price per dollar would likely result from:
A. an increase in the U.S. inflation rate relative to the rate in Mexico. B. a change in U.S. consumers' tastes away from Mexican products and toward products made in South Korea, India, and Taiwan. C. U.S. buyers perceiving that domestically-produced products are of a lower quality than products made in Mexico. D. a decrease in the supply of pesos.