This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following will cause an outward (rightward) shift in the supply curve? A) a ... (Read 108 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Which of the following will cause an outward (rightward) shift in the supply curve?
 
  A) a reduction in the price of the good
  B) an increase in the price of labor input
  C) an increase in the number of consumers
  D) technological progress

Question 2

Inflation is best defined as
 
  A) a sustained increase in the price of ALL goods and services in an economy.
  B) a relative price increase.
  C) a sustained increase in the average of all prices of goods and services in an economy.
  D) a sustained increase in the price of a single good or service.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Titration Curve Titration Curve
a) Shift your weight at the end of your reach. b) Avoid overreaching. a) Shift your weight at the end of your reach. b) Avoid overreaching.
Linear dose-response curve Linear dose-response curve
The Kuznets Curve The Kuznets Curve
The original Supply and Demand graph The original Supply and Demand graph
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Language Areas Animation

For a complete list of videos, visit our video library