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Author Question: Assuming coffee and cola are substitutes, if the price of coffee rises A) there is a movement ... (Read 63 times)

SGallaher96

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on: Jun 29, 2018
Assuming coffee and cola are substitutes, if the price of coffee rises
 
  A) there is a movement along the demand curve for cola.
  B) the demand curve for coffee will shift to the right.
  C) the demand curve for cola will shift to the right.
  D) the demand curve for coffee will shift to the left.

Question 2

Which of the following will most likely happen when better technology is used in production?
 
  A) an upward movement along the production possibilities curve
  B) an outward shift of the production possibilities curve
  C) an inward shift of the production possibilities curve
  D) a downward movement along the production possibilities curve


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tanna.moeller

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

C

Answer to Question 2

B


SGallaher96

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

amit

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Reply 3 on: Yesterday
Excellent

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