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Author Question: The price that we observe in the market is A) the law of demand. B) a substitute. C) the money ... (Read 37 times)

Yi-Chen

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  • Posts: 550
on: Jun 29, 2018
The price that we observe in the market is
 
  A) the law of demand.
  B) a substitute.
  C) the money price.
  D) the relative price.

Question 2

Which of the following is NOT a characteristic or focus of microeconomics?
 
  A) individual consumers.
  B) analysis of aggregate economic variables
  C) firm behavior
  D) individual markets


frankwu0507

  • Sr. Member
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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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