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

Author Question: Changes in the price of a product can cause a. A movement along the demand curve b. A shift of the ... (Read 61 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
Changes in the price of a product can cause
 a. A movement along the demand curve
  b. A shift of the demand curve
 c. A shift of the supply curve
 d. All of the above

Question 2

You can either invest in project A or B. Project A could have a value of 150 with a probability of 0.1 or a value of 75 with probability 0.9 . Project B could have a value of 110 with probability 0.2 or a value of 65 with a probability of 0.8 . Which project should you invest in?
 a. Project A
 b. Project B
 c. Neither of the projects
 d. You cannot tell from the information presented



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fdliggud

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

a

Answer to Question 2

a




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Excellent


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

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.

For a complete list of videos, visit our video library