During the winter months, many elderly persons leave their homes in northern new york and travel south to florida or arizona. what would you expect to happen to the equilibrium price and quantity of items most used by the elderly in northern new york? a. they would both increase. b. they would both decrease. c. one would increase and one would decrease, but we don't know which would do what d. the price would increase and the quantity would decrease. the price would decrease and the quantity would incr

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.