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Author Question: Refer to the figure above. The market price of Good Y is ________. A) 10 B) 17 C) 22 D) ... (Read 58 times)

ap345

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on: Jun 29, 2018
Refer to the figure above. The market price of Good Y is ________.
 
  A) 10
  B) 17
  C) 22
  D) 20

Question 2

Which of the following shifts the supply curve for gasoline rightward?
 
  A) a situation in which the quantity demanded exceeds the quantity supplied
  B) an increase in the price of gasoline
  C) a decrease in the price of a resource used to produce gasoline, such as crude oil
  D) an increase in the demand for gas-guzzling, sport utility vehicles


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wshriver

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

B

Answer to Question 2

C


ap345

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  • Posts: 537
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

raili21

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

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