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Author Question: If a significant number of consumers switch from consuming traditional baked goods to consuming ... (Read 106 times)

BRWH

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on: Jun 29, 2018
If a significant number of consumers switch from consuming traditional baked goods to consuming vegan baked goods, a vegan bakery will likely find its demand curve shifting to the ________ and its marginal revenue curve shifting to the ________ as
 
  more competitors enter the market.
  A) left; right B) left; left C) right; left D) right; right

Question 2

Which of the following statements refers to rent seeking?
 
  A) The role of the federal government in the U.S. economy grew significantly after the Great Depression. Government spending and taxes are a much greater proportion of total income today than they were in 1929.
  B) Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws.
  C) The federal government should spend more money on programs that help low income citizens and less money on national defense.
  D) There is an opportunity cost whenever the federal government spends tax revenue. For example, an additional 1 billion spent on national defense means there will be less revenue for highway construction and maintenance or some other program.
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djofnc

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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BRWH

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

adammoses97

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Reply 3 on: Yesterday
Gracias!

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