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Author Question: If, in response to an increase in the price of chocolate the quantity of chocolate demanded ... (Read 537 times)

crazycityslicker

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on: Jun 29, 2018
If, in response to an increase in the price of chocolate the quantity of chocolate demanded decreases, economists would describe this as
 
  A) a change in consumer income. B) a decrease in quantity demanded.
  C) a decrease in demand. D) a decrease in consumers' taste for chocolate.

Question 2

The chief executive officer of a monopoly firm gives a directive to his production managers to maximize the per unit profit for the upcoming fiscal year. Evaluate the economic wisdom of this advice.
 
  What will be an ideal response?
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tanna.moeller

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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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crazycityslicker

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Reply #2 on: Jun 29, 2018
Correct answers!


tanna.moeller

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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