Author Question: When the demand and supply of a good both shift in the same direction and amount: a. Price will ... (Read 86 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
When the demand and supply of a good both shift in the same direction and amount:
 a. Price will change in the same direction as the shifts in supply and demand.
 b. Price will change in the opposite same direction as the shifts in supply and demand. change in price and an increase in quantity exchanged.
  c. Quantity exchanged will change in the same direction as that of the shifts in supply and demand.
 d. Quantity exchanged will change in the opposite direction from that of the shifts in supply and demand

Question 2

The problem of double coincidence of wants is associated with:
 a. paper money.
  b. insurance.
 c. credit cards.
 d. barter system.



deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

For a complete list of videos, visit our video library