If the demand for dog grooming increases so that the price of dog grooming rises, then number of workers hired by Doug's Dog Grooming would
A) decrease.
B) increase.
C) remain unchanged.
D) Any of the above answers are possible.
B
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Direct franchising ________ firms to retain close control over their foreign franchises, but ________ give firms familiarity with foreign markets, laws, traditions, and social customs.
A) allows; does not B) allows; does C) does not allow; does not D) does not allow; does
A credible policy designed to lower inflation is likely to push the economy into recession
a. True b. False Indicate whether the statement is true or false
YearSalaryCPI1969$20,52036.71979$43,26572.61989$85,529124.01999$135,250166.62009$170,844214.5If the 1999 salary in 2009 dollars is $174,136, what can we say about it compared to the 2009 income given in the table shown?
A. Although the nominal salary has increased, the amount of purchasing power has remained the same from 1999 to 2009. B. The 1999 salary could buy more goods and services in 2009 than the 2009 salary could buy. C. The increase in salary from 1999 to 2009 was more than inflation during that period. D. All of these statements are true.
The equation for the demand curve in the below diagram:
A. is P = 70 - Q.
B. is P = 35 - 2Q.
C. is P = 35 - .5Q.
D. cannot be determined from the information given.