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Author Question: If fines for speeding when driving increase, fewer accidents will occur is an example of a(n) A) ... (Read 130 times)

strangeaffliction

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on: Jul 1, 2018
If fines for speeding when driving increase, fewer accidents will occur is an example of a(n)
 
  A) positive statement.
  B) normative statement.
  C) negative statement.
  D) inverse statement.

Question 2

Sarah's demand curve for shoes has the same slope as Pete's; however, it lies to the right of Pete's. An increase in the price of shoes will cause
 
  A) Sarah to incur a greater loss of consumer surplus than Pete will.
  B) Pete to incur a greater loss of consumer surplus than Sarah will.
  C) Sarah and Pete to incur the same loss of consumer surplus.
  D) Sarah's demand curve to shift closer to Pete's.


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jaygar71

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

A

Answer to Question 2

A


strangeaffliction

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Reply #2 on: Jul 1, 2018
Thank you


jaygar71

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Reply #3 on: Jul 1, 2018
No problemo


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