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Author Question: Demand determined means that price is set by buyers' demand and a fixed supply. (Read 603 times)

misspop

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on: Apr 19, 2019

Question 1

Related to the 
Economics in Practice on page 217: Because land is demand determined, an acre of land in downtown Harlingen, Texas ________ an acre of land in downtown Chicago, Illinois.


◦ would most likely cost more than
◦ would most likely cost less than
◦ should cost approximately the same as
◦ would cost exactly the same as

Question 2

ʺDemand determinedʺ means that price is set by buyers' demand and a fixed supply.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by misspop on Apr 19, 2019

jamesnevil303

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Reply #1 on: Apr 19, 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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misspop

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Reply #2 on: Apr 19, 2019
Thanks


jamesnevil303

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Reply #3 on: Apr 19, 2019
Welcome :)


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