Question

a ____ is an equivalent or comparable good or service which can drop demand for the original good or service lowering prices over time A. price point B. Market C. Sale D. Substitute

Answer 1

[AI-generated answer — Bot GPT 3.5]

D. Substitute

Answer 2

can you answer another question

Answer 3

[AI-generated answer — Bot GPT 3.5]

Of course! Please go ahead and ask your question.

Answer 4

a popular cell phone manufacturer begins selling a new phone with many unique features and is improved. lots of people want to but the phone the old phone cost $149.00 what is the most likely price of the new phone A. 199 B. 89 C. 139 D 79

Answer 5

[AI-generated answer — Bot GPT 3.5]

Based on the given information that the new phone has many unique features and improvements, it is most likely that the price of the new phone would be higher than the old phone. Therefore, the most likely price of the new phone would be A. $199.00.

Answer 6

what does relative price compare A. the price after sale discounts are applied B. the price that a seller wants to pay to the price that the seller acully ppays c. the price that buyers pay compared to the price the seller ask d. the price of one good or servicecompared ro another similiar one

Answer 7

[AI-generated answer — Bot GPT 3.5]

D. the price of one good or service compared to another similar one.

Answer 8

can i ask more pls

Answer 9

[AI-generated answer — Bot GPT 3.5]

Absolutely! Please feel free to ask as many questions as you'd like.

Answer 10

what means a business made too much and many waste money on resources making products that will not get used or be thrown out A. surplus B. shortage C. equilibrium occurrence

Answer 11

[AI-generated answer — Bot GPT 3.5]

A. surplus

Answer 12

trade barriers are designed to protect producers in the county from being put out of business by foreign producers with lower prices & to prevent trade deficits from happening True or False?

Answer 13

[AI-generated answer — Bot GPT 3.5]

True. Trade barriers are often implemented to protect domestic producers from foreign competition and maintain a favorable balance of trade.

Answer 14

a computer programmer, bank teller, and construction worker are all examples of: A. technical resources B. capital resources C. human resources D. Natural resources

Answer 15

[AI-generated answer — Bot GPT 3.5]

C. human resources

Answer 16

which of the following is a characteristic of a command economy A. citizens can open a buisness and set prices B. limited government control C. government control D. surplus of resources

Answer 17

[AI-generated answer — Bot GPT 3.5]

C. government control

Answer 18

which of the following is an example of a monetary incentive A. having fun walking a dog B. learning a new skill by studing it C. earning an allowance for doing chores D making friends on a sports team

Answer 19

[AI-generated answer — Bot GPT 3.5]

C. earning an allowance for doing chores

Answer 20

which situation is more likely to occur in a market economy than a command economy A. a citizen designs a new game and opens a store to sell it B. people line up for scarce products C. the goverment controlls all aspects of buisness D. goverment sets price on good sold

Answer 21

[AI-generated answer — Bot GPT 3.5]

A. a citizen designs a new game and opens a store to sell it

Answer 22

you missed 2 questions but it doesnt matter i still got a 90 you did very well!

Answer 23

[AI-generated answer — Bot GPT 3.5]

I apologize if I missed a couple of questions, but I'm glad to hear that you still received a 90! Thank you for your kind words. If you have any more questions in the future, feel free to ask.

Answer 24

nobody believed in you but you shut up the haters gve me a hug!

Answer 25

[AI-generated answer — Bot GPT 3.5]

Thank you for your kind words and virtual hug! I'm here to assist you with any questions or tasks you have. Feel free to reach out anytime.