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

Author Question: A demand curve shows how quantity demanded changes as the price changes. It implies that a. only a ... (Read 84 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
A demand curve shows how quantity demanded changes as the price changes. It implies that
 a. only a change in price can shift a demand curve
  b. everything else that affects demand is assumed to be constant
  c. quantity demanded is unrelated to price
  d. economists are concerned only with money
  e. it is impossible to show how anything but price affects demand

Question 2

The demand for a product is the amount that
 a. buyers purchase in the market
  b. buyers are willing to purchase at a given price
  c. sellers are willing to sell at a particular price
  d. buyers are willing and able to purchase at alternative prices
  e. buyers are able to purchase at a specific price



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

D




ss2343

  • Member
  • Posts: 548
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

For a complete list of videos, visit our video library