Author Question: If the price of automobiles were to decrease substantially, the demand curve for public ... (Read 20 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
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.


brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library