When there is a tendency for a particular product to fall out favor with additional consumers because other consumers have chosen not to purchase the product
A) negative market feedback occurs.
B) positive market feedback occurs.
C) the tit-for-tat strategy will begin.
D) the network effect will increase.
A
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In the foreign exchange market, the higher the dollar's exchange rate, the
A) larger the supply of dollars. B) smaller the quantity supplied of dollars. C) smaller the supply of dollars. D) larger the quantity supplied of dollars.
Which of the following would increase disposable personal income?
A) a decrease in taxes paid B) a decrease in personal income C) a decrease in transfer payments received D) All of the above would increase disposable income.
A drought in the Midwest will raise the price of wheat because of a
A) leftward shift in the supply curve. B) rightward shift in the supply curve. C) leftward shift in the demand curve. D) rightward shift in the demand curve.
Each of the following is a determinant of demand except a. tastes
b. production technology. c. expectations. d. the prices of related goods.