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NEW QUESTION: 1
Which one of the graphs depicts the demand curve for prestige goods?
A. Option D
B. Option C
C. Option A
D. Option C
Answer: D
Explanation:
Over some intermediate range of prices, the reaction to a price increase for prestige goods is an increase, not a decrease, in the quantity demanded. Within this range, the demand curve is upward sloping. The reason is that consumers interpret the higher price to indicate a better or more desirable product. Above some price level, the relation between price and quantity} demanded will again became negatively sloped.
NEW QUESTION: 2
The following statement is wrong ()
A. Huawei AP supports 200m long-distance power supply, and H3C also supports
B. AP8050TN-HD uses AMC superconducting material miniaturization technology, built-in antenna is reduced by 30%
C. Huawei self-developed smart antenna technology to improve coverage, wall penetration and throughput performance
Answer: A
NEW QUESTION: 3
Taking out insurance in relation to risk management is called what?
A. Exploring
B. Mitigation
C. Transference
D. Avoidance
Answer: C
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