(Consider This) Suppose that salsa manufacturers sell 2 million bottles at $3.50 in one year and 3 million bottles at $3 in the next year. Based on this information, we can conclude that the
A) law of supply has been violated.
B) law of demand has been violated.
C) demand for salsa has increased.
D) supply of salsa has increased.
Correct Answer:
Verified
Q188: Which of the following statements is true
Q189: A price ceiling means that
A) there is
Q190: (Consider This) A primary advantage of Uber
Q191: (Last Word) In examining the relationship between
Q192: Price floors and ceiling prices both
A) cause
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