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Tidy Tidy
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9 years ago
Consider the following statements:
a.    Soda drinkers purchase more soda from a grocery store that sells soda at a lower price than other rival grocery stores in the area.
b.    Homeowners do not take steps to increase security even though they believe it is more costly to allow burglaries than to install security monitoring equipment.
c.    Manufacturers produce less of a particular cell phone when its selling price rises.

Which of the above statements demonstrates that economic agents respond to incentives?
A) a only.
B) b only.
C) c only.
D) a and b.
E) a, b, and c.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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9 years ago
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whattornado

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#2
9 years ago
It was nothing, thanks for updating us.
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