A change in the price of a commodity affects both the demand and the quantity demanded
Indicate whether the statement is true or false
F
Economics
You might also like to view...
What factors will shift the aggregate expenditure function for a given level of real domestic income?
What will be an ideal response?
Economics
The U.S. income tax
a. discourages saving. b. encourages saving. c. has no effect on saving. d. will reduce the administrative burden of taxation.
Economics
Tyler was fired when a machine took over his duties. He is so frustrated that he has decided to wait a few months before looking for a job. What type of unemployment is he?
a. frictional b. natural c. not unemployed d. structural
Economics
If marginal cost is increasing, average variable cost must also be increasing.
Answer the following statement true (T) or false (F)
Economics