This topic contains a solution. Click here to go to the answer

Author Question: All of the following cause a shift in the demand curve EXCEPT a change in the A) price of related ... (Read 73 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
All of the following cause a shift in the demand curve EXCEPT a change in the
 
  A) price of related goods.
  B) price of the good or service.
  C) consumer income.
  D) number of consumers.

Question 2

Refer to the above figure. We are currently producing at point c. Which of the following statements is TRUE?
 
  A) Resources are not being efficiently utilized.
  B) Resources are being efficiently utilized.
  C) The only way to produce more of Goods X or Y is to have an increase in the amount of resources.
  D) The Law of Increasing Additional Cost does not hold.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

B

Answer to Question 2

A




Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library