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Consider the following statements: a.Consumers rent more kayaks from a vendor that rents kayaks at a lower price than other rival kayak vendors along Waikiki beach.
B.Department stores take steps to increase security since they believe it is more costly to allow shoplifting than to install expensive security monitoring equipment.
C.Farmers produce more cotton when its selling price falls.
Which of the above statements demonstrates that economic agents respond to incentives?
Orth/o
A prefix meaning straight, correct, or right, used in medical and technical terms.
Pleurisy
An inflammation of the pleura, the membrane surrounding the lungs, which can cause sharp chest pain with breathing.
Pleurodynia
A condition characterized by a sudden and severe pain in the muscles between the ribs or in the diaphragm, often caused by infections.
Pleura
A double-layered membrane surrounding each lung and lining the chest cavity, facilitating lung movement.
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