MACROECONOMICS

posted by .

AN INCREASE IN THE PRICE OF PRUDUCT WILL REDUCE THE AMOUNT OF IT PURCHASHASED BECAUSE

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    50. In both monopolistic competition and non-price-discriminating monopoly, isn't the marginal revenue curve lies below the demand curve?
  2. accounting

    a higher interest rate would: reduce the price of corprate bonds; reduce the price of preferred bonds; reduce the price of common stock; all of the above
  3. Macroeconomics

    Suppose that there is a temporary, but significant,increase in oil prices in an economy with an upward-sloping SRAS curve. If policy makers wish to prevent the equilibrium price level from changing in response to the oil price increase, …
  4. college Macroeconomics

    Suppose that there is a temporary, but significant,increase in oil prices in an economy with an upward-sloping SRAS curve. If policy makers wish to prevent the equilibrium price level from changing in response to the oil price increase, …
  5. Economics

    A firm is currently producing in the elastic portion of its demand curve. What course of action do you recommend for it assuming it wants to raise revenue?
  6. Health

    ________ physical activity and ________ time spent in sedentary behaviors. A. Reduce; increase B. Reduce; reduce C. Increase; reduce D. Increase; increase
  7. college macroeconomics

    Suppose there is a temporary but significant increase in oil prices in an economy with an upward-sloping Short-Run Aggregate Supply (SRAS) curve. If policymakers wish to prevent the equilibrium price level from changing in response …
  8. Health

    ________ physical activity and ________ time spent in sedentary behaviors. A. Increase; increase B. Reduce; increase C. Increase; reduce D. Reduce; reduce I got C.
  9. Macroeconomics

    Suppose there is a temporary but significant increase in oil prices in an economy with an upward-sloping Short-Run Aggregate Supply (SRAS) curve. If policymakers wish to prevent the equilibrium price level from changing in response …
  10. Social studies

    1. What event would most likely cause an increase in sales A. Decrease in price B. Increase in supply C. Decrease in product quality D. Increase in quality product Answer: A 2. What is stated by the law of supply A. An increase in …

More Similar Questions