Suppose the price of a complementcomplement to LCD televisions risesrises. What effect will this have on the market equilibrium for LCD TVs? The equilibrium price of LCD TVs will A. increaseincrease and the equilibrium quantity will increaseincrease. B. increase and the equilibrium quantity will decrease. C. not change and the equilibrium quantity will not change. D. decrease and the equilibrium quantity will increase. E. decreasedecrease and the equilibrium quantity will decreasedecrease.

The selling price of houses would be most likely to decrease if there were first a decrease in which of the following? a. new-housing construction. b. mortgage interest rates. c. the unemployment rate. d. construction workers' wages. 2b2t

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?