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☆☆☆☆☆Cards in this guide (8)
What is one of the main factors driving prices for goods and services upward
Production costs increase so that producers need to charge more to make a profit.
What best explains what happens when unemployment increases during a recession
The recession worsens into a depression.
Which of the following situations would the price of a good be most likely to increase
An increase in production costs results from a rise in wages.
Which of the following accurately describes a situation in which substitution occurs
A restaurant starts using margarine instead of butter because butter becomes more expensive.
a restaurant adds decaffeinated coffee to its menu because more customers have asked for this drink
Consumers are most likely to be priced out of the option to buy a home when there's an increase in what
Mortgage interest rates
Mortgage interest rates.
Which best explains one of the benefits provided by economies of scale
A larger customer base enables retailers to pay lower prices for wholesale goods. APEX
Which of the following Represents The Most Direct Power That Stockholder's Have Over The Operations Of A Company
Stockholders can vote for the members of the board of directors
What of the following is a problem for the production of public goods
ig it's my turn to chip in
the possiblity of free riders- APEXXX
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