5. Which of the following statements best illustrates the relationship between the market for products and the market for resources? a. …
5. Which of the following statements best illustrates the relationship between the market for products and the market for resources? a. As income rises, people demand relatively smaller amounts of food. b. An increase in demand for new homes will increase the demand for construction workers. c. An increase in the price of cameras will decrease the demand for film. d. An increase in the price of butter will cause more people to buy margarine. e. A decrease in demand for tea will increase the demand for coffee.
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