« previous next »

Author Question: Which of the following will not cause the demand curve for good X to shift? A) a change in the ... (Read 92 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jul 1, 2018
Which of the following will not cause the demand curve for good X to shift?
 
  A) a change in the price of X
  B) a change in the price of Y, a complement
  C) a change in the price of Z, a substitute
  D) an increase in average disposable real income

Question 2

A single-period duopoly firm can choose output level A or B. The firm decides it will produce level A regardless of what the other firm produces. This decision may occur because
 
  A) producing the output level A is a dominant strategy.
  B) this firm has simply decided to always produce at level A.
  C) Both A and B are possible.
  D) None of the above.


xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Earth Affects People; People Change Earth Earth Affects People; People Change Earth
A Dose-Response Curve A Dose-Response Curve
How to write a sine function when given the amplitude, period, and phase shift How to write a sine function when given the amplitude, period, and phase shift
J or U dose-response curve J or U dose-response curve
Climate change by international treaty Climate change by international treaty
The circadian rhythm is a wave-like curve The circadian rhythm is a wave-like curve
Video: Stomach peristalsis - Movement of Food Through the Small Intestine

For a complete list of videos, visit our video library