If potatoes are inferior goods, which of the following will increase the demand for these goods?
a. Increase in the price of a complement
b. Decrease in income
c. Decrease in the price of a substitute
d. Increase in income
Question 2
The Saturn Corporation (once a division of GM) was permanently closed in 2009 . What went wrong with Saturn?
a. Saturn's cars sold at prices higher than rivals Honda or Toyota, so they could not sell many cars.
b. Saturn sold cars below the prices of Honda or Toyota, earning a low 3 rate of return.
c. Saturn found that young buyers of Saturn automobiles were very loyal to Saturn and GM.
d. Saturn implemented a change management view that helped make first time Saturn purchasers trade up to Buick or Cadillac.
e. all of the above
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
China has relied on cheap coal to meet its demand for energy
The demand for energy is met by burning coal and other fossil fuels
Suppose a country imports televisions. The country's supply and demand curves are shown in ...