g In a market economy, a significant change in consumers' desire for product X will Multiple Choice alter the profits or losses received by suppliers of product X. cause a reallocation of scarce resources. cause some industries to expand and others to contract. do all the things mentioned in the other answers.

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase