Examlex

Solved

All Else Being Equal, If There Is a Change in the Price

question 4

True/False

All else being equal, if there is a change in the price of a good, then the supply of that good will change.


Definitions:

Investment

The assignment of monetary values in the hope of making a profit or gaining income.

Interest

A fee paid for the use of borrowed funds, or for delaying the repayment of a debt.

Days

Units of time equivalent to 24 hours, often used to measure durations or intervals.

Investment

The distribution of funds or assets with the intention of earning financial returns or profits.

Related Questions