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Author Question: Consider the following statements: a. Consumers rent more kayaks from a vendor that rents kayaks at ... (Read 127 times)

chandani

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on: Mar 15, 2019

Consider the following statements:

a. Consumers rent more kayaks from a vendor that rents kayaks at a lower price than other rival kayak vendors along Waikiki beach.

b. Department stores take steps to increase security since they believe it is more costly to allow shoplifting than to install expensive security monitoring equipment.

c. Farmers produce more cotton when its selling price falls.



Which of the above statements demonstrates that economic agents respond to incentives?


◦ a only.
◦ b only.
◦ c only.
◦ a and b.
◦ a, b, and c.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by chandani on Mar 15, 2019

dajones82

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Reply #1 on: Mar 15, 2019
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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chandani

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Reply #2 on: Mar 15, 2019
Excellent


dajones82

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Reply #3 on: Mar 15, 2019
Great! Please up vote :D


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