Search
.Management Sciences
A. A change in wealth
B. A change in the price of compact discs
C. A change in income.
A change in the price of pre-recorded cassette tapes
Related Mcqs:
- Market equilibrium exists when _________ at the prevailing price?
- A. quantity demanded equals quantity supplied B. quantity demanded is less than quantity supplied C. quantity supplied is greater than quantity demanded D. quantity demanded is greater than quantity supplied...
- The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?
- A. 3000 B. 7000 C. 5500 D. 4500...
- If a firm wage costs increase this will cause __________ and __________?
- A. marginal cost to increase, output to fall B. marginal revenue to increase output to fall C. opportunity cost to increase the firm will close D. average cost will rise output will increase ____ output and an upward shift in marginal revenue ____ output...
- The price of apples falls by 5% and quantity demanded increases by 6% This means that demand is ?
- A. zero elastic B. elastic C. perfectly elastic D. inelastic...
- Improved training of employees would ?
- A. Shift aggregate supply to the right B. Shift aggregate supply to the left C. Shift aggregate demand to the right D. shift aggregate demand to the left...
Recent Comments