Multiple Choice
Use the table below to answer the following questions.
Table 3.1.1
-Refer to Table 3.1.1.Between 2016 and 2017,the price of coffee relative to the price of tea ________,while the price of coffee relative to the price of cola ________.
A) rose;rose
B) rose;fell
C) fell;rose
D) fell;fell
E) fell;did not change
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Some sales managers are talking shop.Which of
Q3: An increase in supply is shown by<br>A)a
Q4: If a factor of production can be
Q5: Use the table below to answer the
Q6: Use the table below to answer the
Q7: Refer to the table below for the
Q8: A shortage will exist if<br>A)the price is
Q9: Which one of the following will shift
Q10: The substitution effect influences food purchases because
Q11: An increase in income<br>A)increases the demand for