« previous next »

Author Question: All of the following would shift a product's demand curve except a(n): a. increase in the price of ... (Read 111 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jun 30, 2018
All of the following would shift a product's demand curve except a(n):
 a. increase in the price of the product.
 b. decrease in consumer income.
 c. increase in the price of a substitute.
 d. increase in the price of a complement.

Question 2

The SRAS is ____; the LRAS is ____.
 a. upward sloping; upward sloping
  b. upward sloping; vertical
 c. vertical; upward sloping
 d. vertical; vertical


jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

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

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

The Light Curve of a Nova The Light Curve of a Nova
the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
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 ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Introduction to Autism

For a complete list of videos, visit our video library