Multiple Choice
What best illustrates the concept of supply and demand?
A) The CEOs get raises,they buy yachts,then the yacht salespeople make more money,they buy cars,the car salespeople make more money,they buy shirts...
B) A limited production of the latest must-have toy leads to e-bay sales of twice the retail price-or more
C) Having more students in law school than there currently are lawyers
D) Removing all safety regulations from manufacturing allows more products to be made; everyone gets their products now and does not worry about the ramifications until their teeth fall out
Correct Answer:
Verified
Correct Answer:
Verified
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