This topic contains a solution. Click here to go to the answer

Author Question: People must make choices because A) most people enjoy shopping. B) of scarcity. C) there are ... (Read 87 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
People must make choices because
 
  A) most people enjoy shopping.
  B) of scarcity.
  C) there are many goods available.
  D) the question What goods and services are produced? is not adequately answered.
  E) making choices is in the social interest.

Question 2

A decrease in demand will cause the equilibrium price to ________ and the equilibrium quantity to ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; increase
  D) decrease; decrease



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

B

Answer to Question 2

D




Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Jun 29, 2018
Wow, this really help


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library