What happens to the demand for Xbox games if the price of an Xbox falls?
A) The demand for Xboxes decreases because the price of a substitute falls.
B) The demand for Xboxes increases because the price of a complement falls.
C) The demand for Xboxes decreases because the price of a complement falls.
D) The demand for Xboxes remains unchanged.
Question 2
The Ricardo-Barro effect holds that
A) equal increases in taxes and government expenditures have no effect on equilibrium real GDP.
B) government budget deficits have no effect on the real interest rate.
C) a government budget deficit crowds out private investment.
D) a government budget deficit induces a decrease in saving that magnifies the crowding out effect.
The demand for energy is met by burning coal and other fossil fuels
The demand for cheap coal to generate electrical power is rising
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...