This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The price of milk increases. Which of the following is NOT part of the likely chain of events that ... (Read 13 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
The price of milk increases. Which of the following is NOT part of the likely chain of events that follows from this price change?
 
  A) Some milk consumers reduce their consumption of milk.
  B) Milk producers increase their production of milk.
  C) The producers of feed for dairy cows increase production.
  D) The manufacturers of milking machines lay off some workers.

Question 2

Microeconomics is concerned with studying which of the following?
 
  A) the determinants of national unemployment
  B) the effects of monetary policy
  C) the study of individual markets
  D) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


brutforce

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Gene duplication increases genetic complexity Gene duplication increases genetic complexity
The cascade of events by which the stroke-induced release of glutamate kills neurons. The cascade of events by which the stroke-induced release of glutamate kills neurons.
How to solve equations that contain cosine using special triangles (Part 1) How to solve equations that contain cosine using special triangles (Part 1)
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
Finding the angle from a ratio (Part 1) Finding the angle from a ratio (Part 1)
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library