Which is not a quantity adjustment?
A) Ford asks its assembly plant workers to work overtime.
B) Leon's Furniture eliminates the HST on furniture sales.
C) PBS orders extra DVD copies of Downton Abbey.
D) Ontario Hydro lays off half of the workers in its nuclear plants.
E) Apple builds up inventories of iPads before selling a new model.
Correct Answer:
Verified
Q17: If all sellers in a market charge
Q18: In Canada, we define property to include
Q19: A market is a process - the
Q20: Voluntary exchange
A) requires disinterested consumers.
B) can make
Q21: In a voluntary exchange, the price must
Q23: When the price is above the market-clearing
Q24: Sellers compete against buyers in the marketplace.
Q25: The miracle of markets occurs
A) because government
Q26: When concert tickets go on sale, potential
Q27: Property rights are a prerequisite for anything
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