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Author Question: If the price per bushel of apples increased from 7.00 to 8.00 because of a poor harvest, the A) ... (Read 95 times)

2125004343

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on: Jun 29, 2018
If the price per bushel of apples increased from 7.00 to 8.00 because of a poor harvest, the
 
  A) demand for apples decreases.
  B) quantity of apples demanded decreases.
  C) quantity of apples supplied decreases.
  D) Both answers A and B are correct.

Question 2

If higher inflation is expected in the future, then the
 
  A) SAS curve shifts rightward.
  B) AD curve shifts rightward.
  C) LAS curve shifts rightward.
  D) None of the above answers is correct.


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LVPMS

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


2125004343

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

jomama

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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