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

Author Question: The figure above shows the market for airline tickets. If airline tickets are a normal good, then ... (Read 106 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
The figure above shows the market for airline tickets. If airline tickets are a normal good, then the recession in 2008 that caused people's incomes to decrease lead to a shift from
 
  A) D0 to D1.
  B) D1 to D0.
  C) S0 to S1.
  D) S1 to S0.

Question 2

Which of the following methods is used by unions to increase the demand for the labor of its members?
 
  A) Decrease the marginal product of union members.
  B) Support minimum wage laws.
  C) Oppose import restrictions.
  D) Decrease demand for the good produced.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Wow, this really help

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Summation of Heart Sounds, Normal Physiological Split of S1 Summation of Heart Sounds, Normal Physiological Split of S1
Normal Faults Common at divergent plate boundaries Normal Faults Common at divergent plate boundaries
Normal right tympanic membrane Normal right tympanic membrane
The paleoanthropologist must understand these deformations in order to figure out which strata a fos The paleoanthropologist must understand these deformations in order to figure out which strata a fos
Monitoring shows that many forms of air pollution have decreased Monitoring shows that many forms of air pollution have decreased
Swimming Pool (Figure 3.1) Swimming Pool (Figure 3.1)
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library