Author Question: Scarcity affects A) only rich people. B) only poor people. C) only middle income people. D) ... (Read 81 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Scarcity affects
 
  A) only rich people.
  B) only poor people.
  C) only middle income people.
  D) all people.

Question 2

A fundamental principle in demand analysis is that a change in price leads to
 
  A) a movement along the demand curve.
  B) a rightward shift of the demand curve.
  C) a leftward shift of the demand curve.
  D) a complementary movement on the supply curve.



asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library