Question: If prices increase for a certain product, consumers will tend to: a. decrease consumption b. maintain same level of consumption c. increase consumption d. not

If prices increase for a certain product, consumers will tend to: a. decrease consumption b. maintain same level of consumption c. increase consumption d. not affected by movements in pricesProduction possibility frontier is a curve that shows: a. equilibrium point b. the combination of 2 goods that a firm may efficiently produce c. supply curve d. demand curv

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