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

Author Question: A decrease in demand for a good could mean that a. consumers are willing to pay a higher price for ... (Read 95 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
A decrease in demand for a good could mean that
 a. consumers are willing to pay a higher price for each quantity of the good
  b. consumers are willing to buy larger quantities of the good at each price
  c. the demand curve has undergone a parallel shift to the right
  d. the demand curve has undergone a nonparallel shift to the right
  e. the demand curve has shifted to the left

Question 2

If we say that demand has increased, we mean that there has been
 a. a leftward movement along the demand curve
  b. a rightward movement along the demand curve
  c. a leftward shift of the demand curve
  d. a rightward shift of the demand curve
  e. an increase in the slope of the demand curve


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janieazgirl

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

E

Answer to Question 2

D


geodog55

  • Member
  • Posts: 530
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

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?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po Male Turkmen in the wealthier half of the population had higher fertility rates than those in the po
A good Mnemonic to know Mg K Ca Na A good Mnemonic to know Mg K Ca Na
Gradient Flow:Upper air moving from areas of higher pressure to areas of lower pressure undergo ... Gradient Flow:Upper air moving from areas of higher pressure to areas of lower pressure undergo ...
Good hand and body mechanics when applying thumb pressure to the back. Good hand and body mechanics when applying thumb pressure to the back.
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Avocados are a good source of pantothenic acid, dietary fiber, vitamin K Avocados are a good source of pantothenic acid, dietary fiber, vitamin K
Video: Hemodynamics Animation

For a complete list of videos, visit our video library