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Author Question: If the price of automobiles were to decrease substantially, the demand curve for public ... (Read 51 times)

chads108

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on: Jul 1, 2018
If the price of automobiles were to decrease substantially, the demand curve for public transportation would most likely
 
  A) shift right.
  B) shift left.
  C) remain unchanged.
  D) remain unchanged while quantity demanded would change.

Question 2

If the price of automobiles were to decrease substantially, the demand curve for automobiles would most likely
 
  A) shift rightward.
  B) shift leftward.
  C) remain unchanged.
  D) become steeper.
Microeconomics ¦ Perloff ¦ 8th Edition
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brittiany.barnes

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


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