The opportunity cost of a student is____________?

Related Mcqs:

For an inferior good ?

A. The price elasticity of demand is negative: the income elasticity of demand is negative B. The price elasticity of demand is positive the income elasticity of demand is negative C. The price elasticity of demand is negative the income elasticity of demand is positive D. The price elasticity of demand is positive the income … For an inferior good ?Read More...

If demand is __________ then price cuts will _________ spending?

A. inelastic; increase B. elastic; increase C. elastic, decrease D. none of the above...

Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are ?

A. substitutes inferior B. normal, complements C. substitutes complements D. normal, inferior...

An increase in aggregate demand if aggregate supply is totally inelastic will ?

A. increase price but not output B. increase output but not price C. increase output and price D. decrease output and price...

if demand is price inelastic ?

A. An increase in price must raise profits B. An increase in price decrease revenue C. An increase in price increase revenue D. A decrease in price reduces sales...