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ECO 203 Week 1 Quiz (Ash Course)/uophelp

www.uophelp.com 1. Question : If an individual's income increases, then the demand for a normal good will 2. Question : An example of investment, as defined in economics, is 3. Question : All but which one of the following could shift the demand curve? 4. Question : When a firm decides to replace some workers with robots in its production process, it is making a decision about one of the basic economic questions. Which one? 5. Question : When price changes, one should expect a change in 6. Question : Demand relates the various amounts that consumers are willing to buy over a specified time period

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1. Question : If an individual's income increases, then the demand for a normal good will
2. Question : An example of investment, as defined in economics, is
3. Question : All but which one of the following could shift the demand curve?
4. Question : When a firm decides to replace some workers with robots in its production process, it is making a decision about one of the basic economic questions. Which one?
5. Question : When price changes, one should expect a change in
6. Question : Demand relates the various amounts that consumers are willing to buy over a specified time period

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<strong>ECO</strong> <strong>203</strong> <strong>Week</strong> 1 <strong>Quiz</strong> (<strong>Ash</strong> <strong>Course</strong>)<br />

Click Here to Buy the Tutorial<br />

http://www.<strong>uophelp</strong>.com/<strong>ECO</strong>-<strong>203</strong>-(<strong>Ash</strong>)/<strong>ECO</strong>-<strong>203</strong>-<strong>Week</strong>-1-<br />

<strong>Quiz</strong><br />

www.<strong>uophelp</strong>.com<br />

1. Question :<br />

If an individual's income increases,<br />

then the demand for a normal good will<br />

2. Question :<br />

An example of investment, as<br />

defined in economics, is<br />

3. Question :<br />

All but which one of the following<br />

could shift the demand curve?<br />

4. Question :<br />

When a firm decides to replace<br />

some workers with robots in its production process, it is making a<br />

decision about one of the basic economic questions. Which one?<br />

5. Question :<br />

When price changes, one should<br />

expect a change in<br />

6. Question :<br />

Demand relates the various<br />

amounts that consumers are willing to buy over a specified time<br />

period<br />

7. Question :<br />

When the government<br />

redistributes income, it is answering a basic economic question.<br />

Which one?<br />

8. Question :<br />

Self-interested behavior and<br />

incentives are<br />

9. Question :<br />

Which of the following would be<br />

described as capital by an economist?<br />

10. Question :<br />

When price changes, there<br />

is an opposite change in the

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