Author Question: The above figure shows the market for pizza. Which figure shows the effect of an increase in the ... (Read 536 times)

corkyiscool3328 · **on:** Jun 29, 2018

The above figure shows the market for pizza. Which figure shows the effect of an increase in the price of sandwiches, which for consumers are substitutes for pizza?

A) Figure A
B) Figure B
C) Figure C
D) Figure D

Question 2

The Keynesian theory of business cycle views volatile expectations of future sales and profits as the main source of economic fluctuations.

Indicate whether the statement is true or false