Business, 14.06.2021 19:30 ultimatesaiyan
An expensive electronics store decides to raise the prices on all of its laptop
computers. According to the law of demand, what outcome can the
electronics store expect?
A) more consumers will be interested in buying its laptops
B) the cost of buying laptops from its suppliers will go down
C) the cost of buying laptops from its suppliers will go up
D) fewer customers will be interested in buying laptops
Answers: 2
Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
Business, 22.06.2019 12:00
Describe the three different ways the argument section of a cover letter can be formatted
Answers: 1
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
Business, 22.06.2019 20:40
Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
Answers: 1
An expensive electronics store decides to raise the prices on all of its laptop
computers. Accordin...
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