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

Author Question: We cannot predict the effect on the equilibrium quantity, but know that the market clearing price ... (Read 109 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
We cannot predict the effect on the equilibrium quantity, but know that the market clearing price will increase when
 
  A) supply decreases and at the same time demand increases.
  B) supply increases and demand increases simultaneously.
  C) supply and demand decreases simultaneously.
  D) supply and demand increases simultaneously.

Question 2

Refer to the above figures. Which of the panels would be consistent with the situation in which external benefits exist?
 
  A) Panel 1
  B) Panel 2
  C) Panels 1 and 2
  D) neither panel



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

britb2u

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

A

Answer to Question 2

B




mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Gracias!


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library