subject
Business, 24.09.2019 05:00 emily965692

Four students from your economics class are sitting in a local restaurant discussing the market for coffee. below are quotes from each of the four students. all of the following quotes are logically correct except one. which quote indicates incorrect economic analysis? a. nicholas: "if brazil is hit hard by such a severe freeze that half of its crop is wiped out, then the price of coffee will probably rise."b. kendra: "if the price of caffeinated soft drinks such as mountain dew went down, then consumer demand for coffee would go down since they're substitutes for each other."c. sergei: "if the demand for coffee were to increase, then i would expect the price to rise, which would then cause the demand to fall back down to its original position."d. tasha: "if coffee drinkers expect the price of coffee to rise next month, then current demand will go up and lead to a price increase this month."

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 08:10, rleiphart1
Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers: 3
image
Business, 22.06.2019 19:00, HahaHELPP
Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk
Answers: 2
image
Business, 22.06.2019 19:20, josh200508
Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.
Answers: 2
image
Business, 22.06.2019 22:20, Bamaboy8804
Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price
Answers: 1
You know the right answer?
Four students from your economics class are sitting in a local restaurant discussing the market for...

Questions in other subjects:

Konu
Mathematics, 14.07.2020 02:01
Konu
Mathematics, 14.07.2020 02:01