« previous next »

Author Question: The price of iPhones has fallen dramatically. Which of the following is likely to happen? A) The ... (Read 66 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
on: Jun 30, 2018
The price of iPhones has fallen dramatically. Which of the following is likely to happen?
 
  A) The quantity of iPhones supplied will increase. B) The supply of iPhones will increase.
  C) The quantity of iPhones supplied will decrease. D) The supply of iPhones will decrease.

Question 2

An economy's ________ during a recession.
 
  A) labor supply curve shifts to the right B) labor demand curve shifts to the right
  C) labor supply curve shifts to the left D) labor demand curve shifts to the left
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

The cranium of a young infant changes dramatically in shape with age. Initially the child has severa The cranium of a young infant changes dramatically in shape with age. Initially the child has severa
Alan Price - Poor People Alan Price - Poor People
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Genetic terms Animation

For a complete list of videos, visit our video library