Chairs and tables are substitutes in production, therefore, if the price of chairs decreases, then a. we can predict tha
Posted: Thu May 26, 2022 7:30 am
Chairs and tables are substitutes in production, therefore, if
the price of chairs decreases, then
a.
we can predict that there will be no effect on the price of
tables.
b.
we cannot predict what will happen to the price of tables.
c.
we can predict that the price of tables will decrease.
d.
we can predict that the price of tables will increase.
the price of chairs decreases, then
a.
we can predict that there will be no effect on the price of
tables.
b.
we cannot predict what will happen to the price of tables.
c.
we can predict that the price of tables will decrease.
d.
we can predict that the price of tables will increase.