This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: List three things that can cause an increase in demand. Be specific. What will be an ideal ... (Read 219 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
List three things that can cause an increase in demand. Be specific.
 
  What will be an ideal response?

Question 2

Which of the following do not suffer the costs of inflation?
 
  A) firms that have to devote more time and labor to raising prices
  B) persons on fixed incomes
  C) persons whose incomes rise more rapidly than inflation
  D) an investor that has to pay higher taxes because of the inflation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

Student responses will vary but may include:
(1.) An increase in income (normal good).
(2.) A decrease in income (inferior good).
(3.) An increase in the price of a substitute good.
(4.) A decrease in the price of a complementary good.
(5.) A change in preferences (the product is more desirable than before).

Answer to Question 2

C


rosent76

  • Member
  • Posts: 516
Reply 2 on: Jun 29, 2018
:D TYSM

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Medical Office To Do List Medical Office To Do List
To Do List To Do List
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Risk of Stroke and Heart Disease Increase with Increasing Blood Pressure Risk of Stroke and Heart Disease Increase with Increasing Blood Pressure
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Video: Control of ventilation rate by other brain centers (posts, hypothalamus & cerebral cortex)

For a complete list of videos, visit our video library