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

Author Question: Z is a normal good. The equilibrium price and quantity of Z in the year 2011 was 25 and 60 units, ... (Read 67 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
Z is a normal good. The equilibrium price and quantity of Z in the year 2011 was 25 and 60 units, respectively. In 2014, the equilibrium price of Z had increased to 35 but the equilibrium quantity had decreased to 50 units.
 
  Other things remaining the same, which of the following could explain this change? A) Shift of the supply curve of Z to the left
  B) Shift of the supply curve of Z to the right
  C) Shift of the demand curve for Z to the left
  D) Shift of the demand curve for Z to the right

Question 2

Why are cartels among firms usually kept secret?
 
  What will be an ideal response?
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
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.
Answer Preview
Only 61% of students answer this correctly


panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Gracias!

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

The joint commission 2011 The joint commission 2011
Average Normal Blood Pressure Readings Average Normal Blood Pressure Readings
Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ... Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ...
Good hand and body mechanics when applying thumb pressure to the back. Good hand and body mechanics when applying thumb pressure to the back.
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library