Recall Application 3, "The Supply and Demand for Cruise Ship Berths," to answer the following questions:
-Because the application claims that a recession will decrease the demand for cruise ships, we can infer that cruise ship berths are:
A) inputs to the production of cruise ships.
B) normal goods.
C) complements.
D) inferior goods.
Correct Answer:
Verified
Q41: Suppose that consumption of oat bran is
Q42: Recall Application 2, "Honeybees and the Price
Q43: As consumers prefer smaller and more fuel-
Q44: Which of the following is the most
Q45: Which of the following can increase the
Q48: Two goods are complements if:
A) the demand
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