This topic contains a solution. Click here to go to the answer

Author Question: Suppose Lorna will buy more sweaters if the price of sweaters rises. She is violating the a. law of ... (Read 131 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

E

Answer to Question 2

D





 

Did you know?

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

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library