Author Question: The negative slope of the demand curve reflects the: a. positive relationship between price and ... (Read 47 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
The negative slope of the demand curve reflects the:
 a. positive relationship between price and quantity.
  b. proportional relationship between price and quantity.
  c. inverse relationship between price and quantity.
  d. positive relationship between income and quantity.
  e. inverse relationship between income and price.

Question 2

The demand schedule for a good shows:
 a. the specific quantity of the good that people are willing and able to sell at different prices.
  b. the positive relationship between the price and the quantity of the good.
  c. no relationship between the price and the quantity of the good.
  d. the specific quantity of the good that people are willing and able to buy at different prices.
  e. the quantity of the good that is sold in the market.



parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library