Answered: Which of the following would be…

Which of the following would be considered a dependent demand item? a. Shoes b. Microchips used in automobiles c. Microwave Oven d. Paint

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter4: Supply And Demand: An Initial Look

Section: Chapter Questions

Problem 2DQ

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Which of the following would be considered a dependent demand item?

a. Shoes

b. Microchips used in automobiles

c. Microwave Oven

d. Paint

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