Author Question: The law of demand tells us that people will buy more of a good if A) the price of that good ... (Read 91 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
The law of demand tells us that people will buy more of a good if
 
  A) the price of that good decreases.
  B) the prices of other goods decrease.
  C) people's income increases.
  D) every factor that can affect people's buying decisions changes.

Question 2

In economics
 
  A) both resources and wants are limited.
  B) both resources and wants are unlimited.
  C) resources are limited but wants are unlimited.
  D) resources are unlimited but wants are limited.



Shshxj

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Shshxj

  • Sr. Member
  • ****
  • Posts: 335

 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library