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Author Question: When the price of audio books, a normal good, falls, causing your purchasing power to rise, you buy ... (Read 187 times)

serike

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on: Jun 29, 2018
When the price of audio books, a normal good, falls, causing your purchasing power to rise, you buy more of them due to
 
  A) the deadweight loss effect. B) the elasticity effect.
  C) the income effect. D) the substitution effect.

Question 2

Which of the following is an example of a long-run adjustment?
 
  A) Wal-Mart builds another Supercenter.
  B) A soybean farmer turns on the irrigation system after a month long dry spell.
  C) Your university offers Saturday morning classes next fall.
  D) Ford Motor Company lays off 2,000 assembly line workers.
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Leostella20

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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serike

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
Excellent

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