If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches, and the equilibrium price is $70 per watch, then a drop in the price of watches to $40

a. would lower the quantity demanded of these sports watches

b. would lower the demand for all sports watches

c. would raise the demand for all sports watches

d. would raise the quantity demanded of these sports watches

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.