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Author Question: If consumers believe the price of tablet computers will increase in the future, this will cause the ... (Read 48 times)

pane00

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on: Jun 29, 2018
If consumers believe the price of tablet computers will increase in the future, this will cause the demand for tablet computers to decrease now.
 
  Indicate whether the statement is true or false

Question 2

In a competitive market the demand curve shows the ________ received by consumers and the supply curve shows the ________.
 
  A) economic surplus; opportunity cost B) utility; average cost.
  C) marginal benefit; marginal cost D) net benefit; net cost
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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chereeb

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


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