The Quantity Demanded of Handheld Calculators, a Normal Good, Will

question 1

Multiple Choice

The quantity demanded of handheld calculators, a normal good, will _______ with a price _______ .

• A) increase; increase
• B) decrease; decrease
• C) decrease; increase
• D) increase; change

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Definitions:

Multinational Companies

Are corporations that operate in multiple countries aside from their home country, managing production or services across international borders.

Political

Relating to the government or public affairs of a country.

Social Ladder

The hierarchical structure within a society, where individuals or groups are ranked according to status or authority.