Author Question: The supply curve reflects the: a. inverse relationship between price and quantity offered. b. ... (Read 26 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
The supply curve reflects the:
 a. inverse relationship between price and quantity offered.
  b. positive relationship between demand and supply.
  c. negative relationship between price and quantity bought.
  d. positive relationship between price and quantity bought.
  e. positive relationship between price and quantity offered.

Question 2

Which of the following corresponds to the definition of the supply curve?
 a. It depicts a positive relationship between income and quantity supplied.
  b. It depicts a positive relationship between technology and prices.
  c. It depicts a positive relationship between prices and quantity supplied.
  d. It depicts a negative relationship between prices and quantity supplied.
  e. It depicts a proportional relationship between prices and quantity supplied.



k.lashomb

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

e

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

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?

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.

For a complete list of videos, visit our video library