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Author Question: An increase in the demand for a product means that the: a. demand curve shifts to the left. b. ... (Read 33 times)

debasdf

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on: Jun 30, 2018
An increase in the demand for a product means that the:
 a. demand curve shifts to the left.
  b. demand curve shifts to the right.
  c. supply curve shifts to the right.
  d. supply curve shifts to the left.
  e. quantity supplied has increased.

Question 2

Which of the following will not shift the demand curve for grapefruit?
 a. An announcement that eating a grapefruit before every meal will induce weight loss.
  b. A technical development that allows machines to replace the workers who harvest grapefruit.
  c. An announcement that eating lots of grapefruit causes skin problems.
  d. A newspaper story reporting that the preference for oranges has skyrocketed.
  e. An announcement that grapefruit will definitely cost more next week.


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fffftttt

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


debasdf

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

vickyvicksss

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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