Agame store sells the latest dungeoncrawl game at the suggested retail value. initially, the game sells well, until a combination of bad reviews and word of mouth reduce the demand drastically. what should the store do to sell the remaining dungeoncrawl games?
a. buy more dungeoncrawl games from the supplier
b. increase the price to increase demand.
c. keep the price the same until demand goes up again.
d. reduce the price until games are sold.

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

If you miss two payments on a credit card what is generally the penalty