Xylo Inc., a manufacturer of domestic appliances, lowered the prices of its products, expecting an increase in demand and sales by at least 20 percent. However, it was observed that sales increased by only 8 percent. Which of the following, if true, can explain this outcome?

In the kingdom of saudi arabia the government controls every aspect of oil production which makes up the majority of the country's economy. while other businesses are owned by individuals, the biggest segment of saudi arabia's economy is oil production. saudi arabia's economy would best be described as a) entirely market. b) almost entirely command. c) a mixture between just market and traditional. d) a mixed economy with large amounts of command.

What effect did increased automobile production have on other industries

Which of the following was not a characteristic of phoenician cities? a. they were located on islands. b. they had harbors on each side. c. they were built on land jutting out to the sea. d. they were surrounded by high stone walls and towers.