Multiple Choice
-The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell. The relationship between the price and the quantity the florist can sell is
A) non-existent.
B) cross-sectionally trended.
C) negative.
D) linear.
E) positive.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: A graph of the value of one
Q36: If there is no scarcity,<br>A) choices are
Q37: In the figure above, ceteris paribus, an
Q62: Your economics lecturer offers 10 bonus marks
Q69: Rational choice:<br>A) is always efficient.<br>B) is a
Q71: When an AFL player earns more than
Q89: Which of the following is a microeconomic
Q98: Normative statements<br>i. describe how the world is.<br>ii.
Q101: A trend is<br>A) a measure of closeness
Q104: If x increases whenever y decreases, then