Author Question: If more buyers came into the market for a good, we would expect to see the market demand curve A) ... (Read 96 times)

Mr.Thesaxman

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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

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Answer to Question 1

C

Answer to Question 2

A



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