Multiple Choice
If the price of diamonds is expected to decrease,all else equal,then the demand for diamonds ________ and the demand for platinum ________.
A) decreases;increases
B) decreases;decreases
C) increases;increases
D) increases;decreases
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q58: Use the following figure to nswer the
Q153: Use demand and supply analysis to explain
Q154: When the expected inflation rate increases,the demand
Q155: Risk averse investors always prefer to have
Q156: If the interest rate on a bond
Q157: Everything else held constant,when the inflation rate
Q160: If housing prices are expected to increase,then,other
Q161: When the interest rate is above the
Q162: You would be more willing to buy
Q163: If stock prices are expected to climb