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

Author Question: An increase in income causes the demand of normal goods to _________ and the price of normal goods ... (Read 101 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
An increase in income causes the demand of normal goods to _________ and the price of normal goods to
 a. Increase; increase
 b. Increase; decrease
  c. Decrease; increase
  d. Decrease, decrease

Question 2

At a fair carnival roulette wheel, a player can either win 10, 30, or 80 . Assuming that the wheel is fair, what is the expected value of the play?
 a. 20
  b. 40
  c. 60
  d. 80



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rachel

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

a

Answer to Question 2

b




rlane42

  • Member
  • Posts: 594
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

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.

For a complete list of videos, visit our video library