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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
Suppose the relative price of Ford F150 pickup trucks has risen over the past decade. Yet, even at the higher price, more F150 pickups have been sold. What would an economist conclude?
A) The supply of F150 pickups is downward-sloping.
B) The demand for F 150 pickups is upward-sloping.
C) Buyers of F150 pickups are acting irrationally.
D) All of the above are true.
E) None of the above is true.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
9 years ago
No problemo Happy Dummy
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