Business
Business, 04.02.2020 11:51, hixcatt05

The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p = $2 on fridays. if speculators begin participating in the market for good x, their actions will likely lead to a(n) in the price of good x on monday through thursday and a(n) in the price of good x on friday.

a. decrease; increase

b. decrease; decrease

c. increase; decrease

d. increase; increase

answer
Answers: 3

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The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p =...

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