Consider the Following Statements: A

question 46

Multiple Choice

Consider the following statements: a.Soda drinkers purchase more soda from a grocery store that sells soda at a lower price than other rival grocery stores in the area.
B.Homeowners do not take steps to increase security even though they believe it is more costly to allow burglaries than to install security monitoring equipment.
C.Manufacturers produce less of a particular cell phone when its selling price rises.
Which of the above statements demonstrates that economic agents respond to incentives?

• A)a only.
• B)b only.
• C)c only.
• D)a and b.
• E)a,b,and c.

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Changes Constantly

A characteristic of something that is continually undergoing modifications or alterations.

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The specific command language used in the SPSS (Statistical Package for the Social Sciences) software to perform statistical analysis and manipulate data.