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2 years ago

(a) if the price increases from $4 to $8, by how much does the quantity demanded decline?

1 answer:

4 0

If the price increases from $4 to $8 or doubles then demand will probably fall off accordingly by 50% to compensate for the big increase, unless of course the demanded amount is an absolute necessity and keeping in mind that for a self-employed person a higher cost of an item can be charged as a business expense and help reduce income at tax time and also having the right materials and equipment right away can increase revenue as well which can also help to offset the cost.

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3 years ago

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$1,500,000

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2 years ago

discretionary fiscal policy is a fiscal policy action, such as Group of answer choices an increase in payments to the unemployed

Olegator [25]

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Hence, Discretionary fiscal policy is a fiscal policy action, such as a tax cut, initiated by an act of Congress.

Learn more about fiscal policy here: brainly.com/question/6483847

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