Multiple Choice
Suppose that more people want to move from Miami to Phoenix than want to move from Phoenix to Miami.It is likely that U-Haul rates will be relatively ______________from Phoenix to Miami since the ___________________.
A) lower; demand for moving to Phoenix is greater than demand for moving to Miami
B) higher; demand for moving to Phoenix is greater than the demand for moving to Miami
C) higher; supply of moving trucks is greater in Phoenix than in Miami
D) lower; supply of moving trucks is lower in Phoenix than in Miami
Correct Answer:
Verified
Correct Answer:
Verified
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