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Consider the Following Statements

question 42

Multiple Choice

Consider the following statements:
A.Consumers buy more MP3 players from an electronics store that sells MP3 players at a lower price than other rival electronics stores in the area.
B.Schools take steps to increase security since they believe it is more costly to allow vandalism than to hire additional security guards.
C.Citrus growers produce more oranges when the selling price of oranges falls.
Which of the above statements demonstrates that economic agents respond to incentives?


Definitions:

Hipbone

The hipbone, or coxal bone, is a large, flat bone that forms the upper and anterior part of the pelvic skeleton.

Femur

The thigh bone, which is the longest, heaviest, and strongest bone in the human body.

Sacroiliac Joint

The connection point between the sacrum and the pelvic iliac bones, which bears the upper body's weight.

Posterior Hip

Refers to the back part of the hip joint, which is crucial for supporting the weight and movement of the human body.

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