« previous next »

Author Question: The horizontal summation of individual demand curves gives: a. a supply curve. b. a Phillips ... (Read 29 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
The horizontal summation of individual demand curves gives:
 a. a supply curve.
  b. a Phillips curve.
  c. a market demand curve.
  d. the quantity supplied.
  e. a production function.

Question 2

A demand curve:
 a. has a positive slope.
  b. illustrates the negative relationship between price and quantity demanded.
  c. illustrates the positive relationship between price and quantity demanded.
  d. is based on the assumption of a stable supply curve.
  e. shifts about in a random fashion.


zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Longitudinal and horizontal effleurage to the thigh. Apply with medium pressure to warm tissues. Longitudinal and horizontal effleurage to the thigh. Apply with medium pressure to warm tissues.
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library