Recall Application 3, "The Supply and Demand for Cruise Ship Berths," to answer the following questions:
-Based on what we learned from the application, one way to increase the price of cruise ship berths is to:
A) retire some of the cruise ships from service.
B) get the economy out of a recession.
C) invest more on additional new cruise ships.
D) A and B are correct.
Correct Answer:
Verified
Q21: What happens if the price of a
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