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Suedyso Suedyso
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Posts: 371
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5 years ago

Question 1.

If coffee and tea are substitutes, then an increase in the price of coffee will result in an increase in the demand for tea.



▸ true

▸ false

Question 2.

The price of circuit boards used in the manufacturing of LCD televisions has fallen. This will lead to ________ LCD televisions.



▸ an increase in the supply of

▸ a decrease in the supply of

▸ an increase in the quantity supplied of

▸ a decrease in the quantity supplied of
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 126 times
1 Reply
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Answer verified by a subject expert
beunikuelbeunikuel
wrote...
Posts: 398
5 years ago
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Suedyso Author
wrote...

5 years ago
Smart ... Thanks!
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
This helped my grade so much Perfect
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