« previous next »

Author Question: A change in the price of a good causes A) an increase in supply. B) a decrease in supply. C) ... (Read 127 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
A change in the price of a good causes
 
  A) an increase in supply.
  B) a decrease in supply.
  C) an increase in demand and a decrease in supply.
  D) a change in quantity supplied.

Question 2

Refer to the above figure. From the standpoint of society, the optimal output is
 
  A) Q1
  B) Q2
  C) Q3
  D) Q4
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

imowrer

  • Hero Member
  • *****
  • Posts: 514
Reply #2 on: Jun 29, 2018
Thank you


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Barriers to change Barriers to change
Decrease in Fertility, 1800–1900 Decrease in Fertility, 1800–1900
Marx's Model of Historical Change Marx's Model of Historical Change
Ancient Climate Change: Following the Cretaceous Ancient Climate Change: Following the Cretaceous
4 ways your breasts change after pregnancy "4 تغيّرات تطرأ على ثدييكِ ... 4 ways your breasts change after pregnancy "4 تغيّرات تطرأ على ثدييكِ ...
Change is hard at first messy in the middle and gorgeous at the end Change is hard at first messy in the middle and gorgeous at the end
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library