Which of the following is an incentive to buy more of a good or service for nearly everyone? a. The product is illegal. b. A consumer has a limited budget. c. The product has a lower price. d. Regulations make it more difficult to produce. e. The time required to consume it increases.
Which of the following is an incentive to buy more of a good or service for nearly everyone? a. The product is illegal. b. A consumer has a limited budget. c. The product has a lower price. d. Regulations make it more difficult to produce. e. The time required to consume it increases.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following is an incentive to buy more of a good or service for nearly everyone?
a. The product is illegal.
b. A consumer has a limited budget.
c. The product has a lower price .
d. Regulations make it more difficult to produce.
e. The time required to consume it increases.
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