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

Author Question: A government mandated price increase for doodads will: a. decrease the quantity of doodads supplied ... (Read 78 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
A government mandated price increase for doodads will:
 a. decrease the quantity of doodads supplied but increase the quantity of doodads demanded.
  b. increase the quantity of doodads supplied but decrease the quantity of doodads demanded.
  c. increase the demand for doodads and decrease the supply of doodads.
 d. decrease the demand for doodads and increase the supply of doodads.

Question 2

Which of the following is not a correct statement about money?
 a. Money serves as a medium of exchange.
 b. The value of money generally fluctuates much more than the prices of individual commodities like oil or wheat.
  c. Money serves as a store of value.
 d. Money serves as a means of deferred payment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
Wow, this really help

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

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.

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?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library