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Author Question: A shift in the demand curve will occur when A) supply shifts. B) the price of an input used to ... (Read 65 times)

burchfield96

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on: Jun 29, 2018
A shift in the demand curve will occur when
 
  A) supply shifts.
  B) the price of an input used to produce the good changes.
  C) consumers' income changes.
  D) the price of the product changes.

Question 2

Which of the following might be considered a positive externality?
 
  A) the pollination of an orange grove due to bees kept by a nearby beekeeper
  B) individuals who did not get the flu, yet did not receive a flu shot when those around them did receive the shot
  C) better fishing resulting from increased lake temperatures generated by the nearby power plant
  D) All of the above are correct.


izzat

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


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