A movement along the demand curve for a good can be attributed to a change in
a.the substitution effect of consuming a good
b.the demand for a good
c.the opportunity cost of producing a good.
d.the quantity demanded of a good
the quantity demanded of a good.
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Stephanie has just placed an order for the latest video after she received a personalized e-mail. The e-mail is an example of
A) mass marketing. B) direct marketing. C) indirect marketing. D) interactive marketing.
To maximize its profit, a bank will: a. minimize the number transactions it engages in. b. maximize required reserves
c. minimize excess reserves. d. maximize excess reserves. e. minimize required reserves.
The efficient quantity of a good
a. is achieved whenever the marginal cost of producing the last unit exceeds its value to some consumer b. is achieved whenever the value of the last unit to some consumer exceeds the minimum price its producer would be willing to accept for it c. will not be produced unless a side payment is made d. is the quantity at which the market supply and demand curves intersect e. is usually a fair quantity
Holders of a foreign currency are willing to supply that currency to Americans in exchange for dollars
a. only because they want to buy American goods b. only because they want to purchase American services c. primarily because they want to purchase American assets d. because they want to purchase American goods, services and assets e. because their governments force them to do so