[Answered] Each of the following is a determinant of demand except a. tastes. b. production technology. c. ...

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

Author Question: Each of the following is a determinant of demand except a. tastes. b. production technology. c. ... (Read 68 times)

strangeaffliction

Hero Member
Posts: 660

on: Jun 30, 2018

Each of the following is a determinant of demand except
a. tastes.
b. production technology.
c. expectations.
d. the prices of related goods.

Question 2

Other things equal, a positive supply shock would
a. Lower the price level
b. Increase real output
c. Shift AD right
d. Do a. and b. but not c.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

meryzewe

Sr. Member
Posts: 346

Reply #1 on: Jun 30, 2018

Answer to Question 1

b

Answer to Question 2

d

strangeaffliction

Member
Posts: 660

Reply 2 on: Jun 30, 2018

Excellent

mcabuhat

Member
Posts: 344

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

« previous next »

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.