Author Question: A price support may be pictured by A) shifting the demand curve to the right by the amount of the ... (Read 32 times)

luvbio · **on:** Jul 1, 2018

A price support may be pictured by

A) shifting the demand curve to the right by the amount of the government purchase.
B) shifting the demand curve to the left by the amount of the government purchase.
C) shifting the supply curve to the right by the amount of the government purchase.
D) shifting the supply curve to the left by the amount of the government purchase.
E) drawing a horizontal line below equilibrium price at the supported price.

Question 2

Which of the following business combinations likely exhibit economies of scope?

A) Banking services for individuals and banking services for other business
B) Retail clothing stores and electronic (internet) clothing sales
C) Hospitals that perform heart surgery and hospitals that perform cosmetic surgery
D) all of the above