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 17 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
Great answer, keep it coming :)

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Imaginary Thoracic Lines, Left Lateral View Imaginary Thoracic Lines, Left Lateral View
Earth as viewed from Lunar orbit during the Apollo 8 mission, Christmas Eve, 1968. Africa is at the Earth as viewed from Lunar orbit during the Apollo 8 mission, Christmas Eve, 1968. Africa is at the
Racial Shifts in St. Louis during the 1950s Racial Shifts in St. Louis during the 1950s
Inside ankle press. Place the heel of your left hand on the ball of the recipient’s right foot, ... Inside ankle press. Place the heel of your left hand on the ball of the recipient’s right foot, ...
Left wing right wing Left wing right wing
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Bone Healing Animation

For a complete list of videos, visit our video library