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Author Question: If the supply curve of cigarettes shifts to the left, quantity demanded for cigarettes A) will ... (Read 51 times)

yoroshambo

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If the supply curve of cigarettes shifts to the left, quantity demanded for cigarettes
 
  A) will decrease substantially.
  B) will increase substantially.
  C) will slightly increase.
  D) will slightly decrease.

Question 2

Joe and Rita each have some cookies and milk. Joe is willing to trade 2 cookies for an additional ounce of milk. Rita is willing to trade 4 cookies for an additional ounce of milk.
 
  If trading is possible, which of the following is most likely to occur? A) Joe will give some milk to Rita in exchange for cookies.
  B) Rita will give some milk to Joe in exchange for cookies.
  C) No trade will take place since they both prefer to have more milk and fewer cookies.
  D) There is not enough information to make any predictions.


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Chou

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yoroshambo

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Reply 2 on: Jul 1, 2018
Excellent


cdmart10

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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