Multiple ChoiceWhy have avocados decreased in price when most other foods have seen a price increase?70views
Multiple ChoiceWhich statement best describes the concept of Earth's carrying capacity for humans in economics?47views
Multiple ChoiceIn the market for Apple iPhones, which of the following would most likely cause the demand curve to shift to the right?91views
Multiple ChoiceWhich of the following is the most likely source of shocks that can cause business cycles?42views
Multiple ChoiceWhich one of the following should NOT be included in the economic analysis of introducing a new product?51views
Multiple ChoiceWhich of the following is a characteristic that an item must possess to be classified as a 'good' in economics?53views
Multiple ChoiceWhich of the following best describes 'price skimming' in the context of introductory economics?62views
Multiple ChoiceSuppose a technological advancement occurs in the production of a good. What is the most likely effect on the market for that good?50views
Multiple ChoiceWhich group played the largest role in financing the railroads during the early development of the United States economy?56views