Apple continues to be innovative to ensure that their demand curve stays or becomes
a. More inelastic
b. More elastic
c. Unitary elastic
d. None of the above
a
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If variables x and y move up and down together, they are
A) positively related. B) negative related. C) unrelated. D) trend related.
Which of the following will not shift the demand for the euro to the right?
A) an increase in interest rates in the European Union B) expectations among speculators that the price of the euro will rise in the future C) an increase in incomes in countries that buy goods from the European Union D) a decrease in the demand for European goods
Currently, the largest component of aggregate spending in the United States is ________.
A. government purchases B. consumption C. net exports D. investment
A firm's short-run supply curve is its marginal cost curve.
a. true b. false