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Author Question: Suppose that in 2011, 3 million plasma TVs were purchased at 950 each, while in 2012, 4 million ... (Read 19 times)

colton

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on: Jun 30, 2018
Suppose that in 2011, 3 million plasma TVs were purchased at 950 each, while in 2012, 4 million plasma TVs were purchased at 800 each. What might have caused this change?
 
  A) There were fewer workers in plasma TV manufacturing.
  B) The price of LCD TVs (a substitute for plasma TVs) rose.
  C) The price of LCD TVs (a substitute for plasma TVs) fell.
  D) There was an advance in plasma TV manufacturing technology.

Question 2

What matters to people is the real value of money or income.
 
  Indicate whether the statement is true or false


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tmlewis4706

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


colton

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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