This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If people believe that prices are going to be higher in the future then they are today, they will ... (Read 46 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
If people believe that prices are going to be higher in the future then they are today, they will
 a. wait until the future to purchase the things they wand
  b. decrease their demand now
  c. increase their demand now
  d. increase their supply now
  e. save more today so they have the income to buy more in the future

Question 2

If there is a shortage in the market for jeans,
 a. producers' inventories will increase
  b. the price should begin to rise
  c. the demand curve will shift to restore equilibrium in the market
  d. the supply curve will shift to restore equilibrium in the market
  e. producers expect government to impose a price ceiling


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


bclement10

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
Gracias!

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Monozygotic twins’ scores for five personality factors show higher correlations than scores for ... Monozygotic twins’ scores for five personality factors show higher correlations than scores for ...
While most people resist labels of deviance, some embrace them. In what different ways do these ... While most people resist labels of deviance, some embrace them. In what different ways do these ...
By the People: A History of the United States, AP Edition By the People: A History of the United States, AP Edition
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library