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

Author Question: The demand schedule for a commodity illustrates how the consumption of a commodity changes with ... (Read 278 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
The demand schedule for a commodity illustrates how the consumption of a commodity changes with changes in:
 
  A) its price. B) tastes and preferences.
  C) supply. D) income.

Question 2

The classical model makes little distinction between the long run and short run because
 
  A) wages and prices adjust so fast that the economy is quickly moving towards the long run.
  B) the model has not been fully developed yet.
  C) current changes influence the long run, so it is not possible to plan for the future.
  D) the classical economists knew that we are always operating in the short run.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lou

  • Sr. Member
  • ****
  • Posts: 286
Answer to Question 1

A

Answer to Question 2

A




roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Gracias!


Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library