Multiple Choice
Assume that the price for lawn care has fallen and sales of lawn care services have also fallen.One can conclude that
A) the law of supply has been violated.
B) the number of lawn care service companies has increased.
C) the demand for lawn care service has decreased.
D) lawn care services are deliberately charging low prices because they want to discourage people from maintaining their own lawns.
Correct Answer:

Verified
Correct Answer:
Verified
Q212: Suppose that when the price of pickles
Q213: Table 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 3-1
Q214: "Because Coke and Pepsi are substitutes,a decrease
Q215: If an increase in income leads to
Q216: Technological advancements have led to lower prices
Q218: Suppose a positive technological change in the
Q219: Suppose that when the price of oranges
Q220: Table 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 3-2
Q221: Discuss the correct and incorrect economic analysis
Q222: At market equilibrium,<br>A)demand equals supply.<br>B)quantity demanded equals