Suppose Lorna Buys More Sweaters Even If the Price of Sweaters

question 178

Multiple Choice

Suppose Lorna buys more sweaters even if the price of sweaters rises.Other things constant,she is acting contrary to the law of _____

• A)equi-marginal utility.
• B)increasing costs.
• C)one price.
• D)diminishing costs.
• E)demand.

Know the last items to be reported on the statement of cash flows.

Understand the utility of the statement of cash flows in financial analysis.

Classify different types of cash flows correctly on the statement of cash flows.

Understand the calculation of net cash flow from operating activities using the indirect method.

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