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Author Question: What is the effect on the price and quantity of wooden desks of a rise in the price of wood? A) ... (Read 88 times)

ishan

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on: Jun 29, 2018
What is the effect on the price and quantity of wooden desks of a rise in the price of wood?
 
  A) The equilibrium quantity of wooden desks increases and the equilibrium price falls.
  B) The equilibrium quantity of wooden desks increases and the equilibrium price rises.
  C) The equilibrium quantity of wooden desks decreases and the equilibrium price falls.
  D) The equilibrium quantity of wooden desks decreases and the equilibrium price rises.

Question 2

Which of the following is rival and excludable?
 
  A) a public good
  B) a natural monopoly
  C) a private good
  D) a common resource
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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mcinincha279

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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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ishan

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

jomama

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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