Question
State whether other things constant is likely to hold in the following supply/demand analyses: a. The impact of an increase in the demand for pencils
a. The impact of an increase in the demand for pencils on the price of pencils.
Yes | |
No |
b. The impact of an increase in the supply of labor on the quantity of labor demanded.
Yes | |
No |
c. The impact of an increase in aggregate savings on aggregate expenditures.
Yes | |
No |
d. The impact of a new method of producing CDs on the price of CDs.
Yes | |
No |
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Get StartedRecommended Textbook for
Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
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