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

Author Question: The law of demand can be explained as A) legal reasons people make purchases in the marketplace. ... (Read 73 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
on: Jun 30, 2018
The law of demand can be explained as
 
  A) legal reasons people make purchases in the marketplace.
  B) people are willing to make limited sacrifices to acquire products.
  C) a lot of people wanting the same thing.
  D) the higher the price, the smaller the quantity demanded, ceteris paribus.

Question 2

Refer to the scenario above. Which of the following would have happened if the government had decided to provide an export subsidy on these crops?
 
  A) Domestic producers would have been worse off.
  B) Domestic consumers would have been worse off.
  C) The government's revenue would have increased.
  D) The volume of exports would have increased.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th 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

vseab

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 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 29% of students answer this correctly


burchfield96

  • Member
  • Posts: 610
Reply 2 on: Jun 30, 2018
:D TYSM

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Cyanide works by making the human body unable to use oxygen.

People whose behaviors violate norms are often called mentally ill. “Why else would they do such ... People whose behaviors violate norms are often called mentally ill. “Why else would they do such ...
With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ... With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ...
A typical OBD-II data link connector (DLC). The location varies with make and model and may even be ... A typical OBD-II data link connector (DLC). The location varies with make and model and may even be ...
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: The Hypothalamus: The Body's Thermostat (Human Thermostat)

For a complete list of videos, visit our video library