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Author Question: Suppose Lorna will buy more sweaters if the price of sweaters rises. She is violating the a. law of ... (Read 166 times)

Wadzanai

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Suppose Lorna will buy more sweaters if the price of sweaters rises. She is violating the
 a. law of supply
  b. law of increasing costs
  c. law of large numbers
  d. law of diminishing costs
  e. law of demand

Question 2

Which of the following varies along a given demand curve?
 a. consumer preferences
  b. prices of substitutes
  c. prices of complements
  d. the price of the good itself
  e. income



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Carissamariew

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Answer to Question 1

E

Answer to Question 2

D





 

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