A 25 decrease in the price of breakfast cereal leads to a 20 increase in the quantity of cereal demanded. As a result:
a. total revenue will decrease.
b. total revenue will increase.
c. total revenue will remain constant.
d. the elasticity of demand will increase.
Question 2
If the required reserve ratio was increased, then:
a. the money supply would tend to decrease, but the outstanding loans of banks would tend to increase.
b. both the money supply and the outstanding loans of banks would tend to decrease.
c. the money supply would tend to increase, but the outstanding loans of banks would tend to decrease.
d. both the money supply and the outstanding loans of banks would tend to increase.
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
Results from sequential study of two cohorts tested at three ages and at three different points in t
IPCC Temperature Increase Predictions Relative to 1986-2005
Compression used to increase circulation when the athlete is clothed.
Factors that Increase Cardiac Output
Breakfast eggs and bacon