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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
A newspaper headline asserts: "Rising demand pulls up copper prices." The headline
A) is claiming demand determines price (rather than price determining demand).
B) is claiming more copper would be demanded at higher prices.
C) is claiming prices will fluctuate indefinitely.
D) is guilty of all three errors mentioned above.
E) makes perfectly good sense from the standpoint of economic theory.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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#1
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9 years ago
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Sublight2097 Author
wrote...
#2
9 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
9 years ago
Glad to help you, and good luck with your course.
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#4
4 years ago
Thank you
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#5
4 years ago
.
wrote...
#6
4 years ago Edited: 4 years ago, anthony lesmana
.
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#7
4 years ago
.
wrote...
#8
4 years ago
thank you
wrote...
#9
4 years ago
thanks
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