![alexavasiliou](/avatars/9963.jpg)
alexavasiliou
20.09.2020 •
Business
Which of the following is most clearly consistent with the basic principle of economics regarding the reaction of people to a change in incentives. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a) Nike will produce fewer shoes in response to an increase in the price of shoes. b) People will buy more bread at a price of $4 per loaf than at $3 per loaf. c) People will buy less milk if the price of milk increases by $.50 per gallon. d) People will consume more chicken if the price increases from $1 to $2 per pound.
Solved
Show answers
More tips
- C Computers and Internet How to Download Videos from YouTube? Simple Steps to Download Any Content...
- S Style and Beauty Tricks and Tips: How to Get Rid of Freckles...
- H Health and Medicine How to perform artificial respiration?...
- C Computers and Internet How to Get Rid of Windows Genuine Check?...
- F Food and Cooking The Disease That Haunted Abraham Lincoln...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- S Style and Beauty How are artificial nails removed?...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- H Horoscopes, Magic, Divination How to Cast a Love Spell on a Guy? Guide for Guys...
- F Family and Home How to Properly Use a Water Level?...
Answers on questions: Business
- B Business Applying Economic Concepts Consider the following entrepreneurs: Lucy, who runs an organic farm, and Ron, a sports superstar who owns several restaurants. Describe how they may...
- B Business How did the 1950s get their money...
- B Business Access the FASB’s Codification Research System at the FASB website ( www.fasb.org). Determine the specific citation for each of the following items: 1. The topic number for business...
- B Business • Becky turned 18 years old in November 2020. She is a senior in high school. She has a son who was born in May of 2020. She lived with Donna, her mother, all year and the baby...
- B Business 1. Differentiate between the retailer and consumer. 2. Define the term supply chain operations. 3. Outline five activities involved in supply chain operations. 4. Assess the role...
- B Business Astudy was performed to examine personal goals of children in grades 4, 5, and 6. a random sample of students was selected in virginia. the students received a personal questionaire...
- E English What is the opposite of clever...
- M Mathematics How do u simplify 12 8/5...
- M Mathematics 30% of what number is 27?...
- B Biology Is scorpion a reptile or insect?...
Ответ:
a
Explanation:
its because people wont be able to afford hence reduced production of shoes
Ответ: