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

Author Question: An increase in the price of a substitute shifts the demand curve to the _______ a. right b. left c. ... (Read 25 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
An increase in the price of a substitute shifts the demand curve to the _______
 a. right
 b. left
 c. it does not change the demand curve
  d. none of the above

Question 2

Five possibilities are equally likely and have payoffs of 2, 4, 6, 8, and 10 . The expected value is:
 a. 4
  b. 5
  c. 6
  d. 7


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

a

Answer to Question 2

c


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
Excellent

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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.

Cardinal Fields of Gaze, Left Lateral Superior Gaze Cardinal Fields of Gaze, Left Lateral Superior Gaze
The two bright stars are (left) Alpha Centauri and (right) Beta Centauri. The two bright stars are (left) Alpha Centauri and (right) Beta Centauri.
Left auricle Left auricle
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Elementary kinetics

For a complete list of videos, visit our video library