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Author Question: Assume that both the demand curve and the supply curve for DVD players shift to the left but the ... (Read 47 times)

OSWALD

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on: Jun 29, 2018
Assume that both the demand curve and the supply curve for DVD players shift to the left but the supply curve shifts more than the demand curve. As a result
 
  A) both the equilibrium price and quantity of DVD players will decrease.
  B) the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease.
  C) the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will increase.
  D) the equilibrium price of DVD players will increase; the equilibrium quantity will decrease.

Question 2

Tanesha sells homemade candles over the Internet. Her annual revenue is 64,000 per year, the explicit costs of her business are 17,000, and the opportunity costs of her business are 22,000. What is her economic profit?
 
  A) 17,000 B) 25,000 C) 42,000 D) 47,000
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aham8f

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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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OSWALD

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

olderstudent

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Reply 3 on: Yesterday
Excellent

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