"because coke and pepsi are substitutes, a decrease in the price of pepsi will cause the demand for coke to decrease. this initial shift in demand for coke results in a lower price for coke; this lower price will cause the demand curve for coke to shift to the left." which of the following correctly comments on this statement?

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?

Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.

What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit