If all of the following examples are elastic, which one will most likely have an increase of revenue?
a. The price of shower curtains rises.
b. The price of cell phones falls.
c. The price of raspberries remains constant.
d. The quantity supplied of skin moisturizer remains constant.
b. The price of cell phones falls.
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One of the main sources of comparative advantage is internal economies
Indicate whether the statement is true or false
For all points below the 45-degree line, planned aggregate expenditure will be less than GDP
Indicate whether the statement is true or false
During the 20th century, the percentage of unskilled laborers in the U.S. rose steadily
Indicate whether the statement is true or false
In general we could say that the decade of the 1980s was a time of
A. more regulation. B. less regulation. C. little change in degree of regulation.