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☆☆☆☆☆Cards in this guide (15)
How did the existence of the baby boom generation change demand in the US
demand was raised for different goods with each age of the baby boomers reached.
What is deciding whether to do or use one additional unit of some resource
Thinking at the margin... i think
The term inferior goods refers to what kind of goods
goods that consumers demand less of when their incomes increases
Which of the following does a government provide as part of a safety net for people
Unemployment compensation
Which product would be likely to be bought in the same quantity even if it doubled in price
Salt
What was not a priority of soviet planners
luxury items for consumers
What is the answer for this problem Tim bought three CDs Each cost 12.99 what was the cost of the three CDs
12.99 x 3 = 38.97
Price of CD x number of CDs = Cost of three CDs
What is an example of scarcity rather than shortage
A person wants an endless supply of everything but cannot have it.
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good
It shifts to the right.
Is France a abroad country
That's abroad if you're living in another country. That's home for the French.
When consumers react to an increase in a goods price by consuming less of that good and more of another it is called the
Substitution effect
Should all college students be required to study abroad for a semester
Type
Which of the following is characterized by private or corporate ownership of capital goods investments that are determined by private decision rather than by state control and determined in a free m
its yo fork as tryna cheat all da time daim
The term normal goods refers to what kind of goods
Goods that consumers demand more of when their incomes increase
As the price of a slice of pizza increases would most likely happens to the quantity demand it
Ashley will buy two fewer slices of pizza.
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