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Author Question: The more good substitutes there are for a product, the more likely it is that the total revenue for ... (Read 45 times)

fbq8i

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on: Jun 30, 2018
The more good substitutes there are for a product, the more likely it is that the total revenue for the good in question would increase as a result of an increase in price.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The money ____ equals 1 divided by the reserve requirement. The larger the reserve requirement, the ____ the money multiplier.
 a. supply; larger
 b. multiplier; larger
 c. supply; smaller
 d. multiplier; smaller


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irishcancer18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


fbq8i

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  • Posts: 527
Reply 2 on: Jun 30, 2018
:D TYSM

ultraflyy23

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Reply 3 on: Yesterday
Excellent

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