Author Question: If more buyers came into the market for a good, we would expect to see the market demand curve A) ... (Read 79 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
If more buyers came into the market for a good, we would expect to see the market demand curve
 
  A) shift inward and to the left.
  B) remain unchanged since none of the determinants of individual demand changed.
  C) shift outward and to the right.
  D) reflect a positive relationship between price and quantity demanded.

Question 2

When income is 15,000, the amount of income income taxes owed is 2,000; when income increases to 20,000, the amount owed increases to 3,000. The marginal tax rate in this case is
 
  A) 20 percent.
  B) 13.3 percent.
  C) 15 percent.
  D) 25 percent.



lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library