Questions and Answers
𝙒𝙝𝙖𝙩 𝙙𝙤𝙚𝙨 𝙩𝙝𝙚 𝙥𝙧𝙞𝙘𝙚 𝙩𝙝𝙚𝙤𝙧𝙮 𝙞𝙣 𝙢𝙞𝙘𝙧𝙤𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘𝙨 𝙥𝙧𝙞𝙢𝙖𝙧𝙞𝙡𝙮 𝙙𝙚𝙖𝙡 𝙬𝙞𝙩𝙝?
The correct answer is: Determination of prices of goods and services.
𝙄𝙛 𝙖 𝙛𝙞𝙧𝙢 𝙙𝙚𝙘𝙞𝙙𝙚𝙨 𝙩𝙤 𝙥𝙧𝙤𝙙𝙪𝙘𝙚 𝙢𝙤𝙧𝙚 𝙤𝙛 𝙥𝙧𝙤𝙙𝙪𝙘𝙩 𝘼 (𝙝𝙞𝙜𝙝 𝙥𝙧𝙤𝙛𝙞𝙩) 𝙖𝙣𝙙 𝙡𝙚𝙨𝙨 𝙤𝙛 𝙥𝙧𝙤𝙙𝙪𝙘𝙩 𝘽 (𝙡𝙤𝙬 𝙥𝙧𝙤𝙛𝙞𝙩), 𝙞𝙩 𝙚𝙭𝙚𝙢𝙥𝙡𝙞𝙛𝙞𝙚𝙨 𝙬𝙝𝙞𝙘𝙝 𝙢𝙞𝙘𝙧𝙤𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙘𝙤𝙣𝙘𝙚𝙥𝙩?
Economizing behavior
𝙄𝙛 𝙩𝙝𝙚 𝙥𝙧𝙞𝙘𝙚 𝙤𝙛 𝙨𝙪𝙗𝙨𝙩𝙞𝙩𝙪𝙩𝙚 𝙜𝙤𝙤𝙙𝙨 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙨, 𝙬𝙝𝙖𝙩 𝙞𝙨 𝙩𝙝𝙚 𝙚𝙭𝙥𝙚𝙘𝙩𝙚𝙙 𝙞𝙢𝙥𝙖𝙘𝙩 𝙤𝙣 𝙩𝙝𝙚 𝙙𝙚𝙢𝙖𝙣𝙙 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙤𝙧𝙞𝙜𝙞𝙣𝙖𝙡 𝙜𝙤𝙤𝙙?
The correct answer is: Demand increases
𝘼𝙘𝙘𝙤𝙧𝙙𝙞𝙣𝙜 𝙩𝙤 𝙢𝙞𝙘𝙧𝙤𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘𝙨, 𝙝𝙤𝙬 𝙙𝙤𝙚𝙨 𝙩𝙝𝙚 𝙘𝙤𝙣𝙘𝙚𝙥𝙩 𝙤𝙛 '𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙘𝙤𝙨𝙩' 𝙞𝙣𝙛𝙡𝙪𝙚𝙣𝙘𝙚 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧 𝙙𝙚𝙘𝙞𝙨𝙞𝙤𝙣𝙨?
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𝙄𝙣 𝙖 𝙢𝙖𝙧𝙠𝙚𝙩 𝙬𝙝𝙚𝙧𝙚 𝙩𝙝𝙚 𝙙𝙚𝙢𝙖𝙣𝙙 𝙛𝙤𝙧 𝙖 𝙥𝙧𝙤𝙙𝙪𝙘𝙩 𝙨𝙪𝙙𝙙𝙚𝙣𝙡𝙮 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙨 𝙬𝙝𝙞𝙡𝙚 𝙨𝙪𝙥𝙥𝙡𝙮 𝙧𝙚𝙢𝙖𝙞𝙣𝙨 𝙘𝙤𝙣𝙨𝙩𝙖𝙣𝙩, 𝙬𝙝𝙖𝙩 𝙞𝙨 𝙩𝙝𝙚 𝙚𝙭𝙥𝙚𝙘𝙩𝙚𝙙 𝙤𝙪𝙩𝙘𝙤𝙢𝙚 𝙗𝙖𝙨𝙚𝙙 𝙤𝙣 𝙢𝙞𝙘𝙧𝙤𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙥𝙧𝙞𝙣𝙘𝙞𝙥𝙡𝙚𝙨?
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𝙄𝙛 𝙖 𝙘𝙤𝙣𝙨𝙪𝙢𝙚𝙧 𝙙𝙚𝙘𝙞𝙙𝙚𝙨 𝙩𝙤 𝙥𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙖𝙣 𝙞𝙘𝙚 𝙘𝙧𝙚𝙖𝙢 𝙞𝙣𝙨𝙩𝙚𝙖𝙙 𝙤𝙛 𝙖 𝙘𝙝𝙤𝙘𝙤𝙡𝙖𝙩𝙚 𝙗𝙖𝙧 𝙬𝙞𝙩𝙝 𝙩𝙝𝙚𝙞𝙧 𝙡𝙖𝙨𝙩 𝙙𝙤𝙡𝙡𝙖𝙧, 𝙩𝙝𝙚 𝙘𝙝𝙤𝙘𝙤𝙡𝙖𝙩𝙚 𝙗𝙖𝙧 𝙧𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙨:
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𝙒𝙝𝙖𝙩 𝙞𝙨 𝙩𝙝𝙚 𝙛𝙤𝙘𝙪𝙨 𝙤𝙛 𝙢𝙞𝙘𝙧𝙤𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘𝙨 𝙬𝙝𝙚𝙣 𝙨𝙩𝙪𝙙𝙮𝙞𝙣𝙜 𝙖 𝙛𝙞𝙧𝙢 𝙢𝙖𝙠𝙞𝙣𝙜 𝙙𝙚𝙘𝙞𝙨𝙞𝙤𝙣𝙨 𝙖𝙗𝙤𝙪𝙩 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙞𝙤𝙣 𝙡𝙚𝙫𝙚𝙡𝙨?
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