please select the correct answer. 1.The relative price of a product can fall when its money grows if: a)consumers want it enough (b) other prices increase at a lower rate (c) other prices increase increase even more (d) other prices decline  2.if there is consumer sovereignty, consumers are able to (a) control the price at which they buy products (b) control the quantity of the products that are offered in the market (c) determine how resources are allocated through their buying decisions (d) for business to lower prices. 3. consumers have benefited from the growth of the internet because (a) it is free. ( b) it provides them with the truth. (c) it gives a wider variety of products from which to chose. (d) it allows them to keep their personal information secret.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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please select the correct answer.
1.The relative price of a product can fall when its money grows if: a)consumers want it enough (b) other prices increase at a lower rate (c) other prices increase increase even more (d) other prices decline 

2.if there is consumer sovereignty, consumers are able to (a) control the price at which they buy products (b) control the quantity of the products that are offered in the market (c) determine how resources are allocated through their buying decisions (d) for business to lower prices.

3. consumers have benefited from the growth of the internet because (a) it is free. ( b) it provides them with the truth. (c) it gives a wider variety of products from which to chose. (d) it allows them to keep their personal information secret.

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