HIS 112
HIS 112
null Edition
ISBN: 9781323880203
Author: Pearson
Publisher: PEARSON C
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Chapter 12, Problem 12.3.7PA
To determine

The effect of increasing the price of oil in the market demand for the solar panels.

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provide an economic explanation for the provided text below  While on vacation, you go to a miniature golf course on a weekday and notice no other customers there while you golf. Why do you think a miniature golf course would stay open during the week when it seems like the revenue from so few customers could not possibly cover the costs of running the golf course?  What is an example of another business that stays open even when it's slow, and their revenue does not seem like it could cover their costs?   make sure to use concepts from either of the following topics (minimum of two from the list provided rest may be from own knowledge): externalities, public goods and common resources, understanding costs, business behaviour and businesses in competitive markets.
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