Suppose the American Medical Association announces that men who shave their heads are less likely to die of heart failure. We could expect the current demand for

a. hair gel to increase.
b. razors to increase.
c. combs to increase.
d. shampoo to increase.


b

Economics

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An appreciation of the U.S. dollar ________ the price of U.S. imports, and ________ the price of U.S. exports

A) lowers, lowers B) increases, increases C) increases, lowers D) lowers, increases

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A totally pollution free environment should not be a primary social goal

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following is a nonrenewable source of energy?

a. Corn b. Ethanol c. Petroleum d. Bagasse e. Biomass

Economics

If the price of good X is $50 and the price of good Y is $25, it follows that the relative price of one unit of good X is _____________ unit(s) of good Y

A) 1.00 B) 2.00 C) 0.75 D) 1.33 E) 0.50

Economics