In economic terms, to say that there has been an increase in demand for a product means that:
a. the demand curve has shifted to the left.
b. the product's price has fallen and as a result consumers are buying a larger quantity of the product.
c. the product has become scarce for some reason.
d. consumers are now willing to purchase more of the product at each possible price.
Question 2
Which of the following would shift the demand curve for autos to the right?
a. A fall in the price of autos. b. A fall in the price of auto insurance.
c. A fall in consumers' incomes. d. A fall in the price of steel.
Regular staff meetings increase the efficiency of the medical office staff.
The Increase in Divorce
The direct product of phosphate hydrolysis from PEP is the enol form of pyruvate
How to evaluate algebraic expressions with given terms
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
economic question