Author Question: Refer to Table 1-5. Using marginal analysis, how many hours should Julius extend his shop's hours of ... (Read 193 times)

Bob-Dole · **on:** Jun 29, 2018

Refer to Table 1-5. Using marginal analysis, how many hours should Julius extend his shop's hours of operations?

A) 2 hours B) 3 hours C) 4 hours D) 5 hours E) 6 hours

Question 2

The phrase demand has decreased means that

A) there has been an upward movement along a demand curve.
B) a demand curve has shifted to the right.
C) a demand curve has shifted to the left.
D) there has been a downward movement along a demand curve.