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Author Question: According to the law of supply A) people buy more of a good when the price increases. B) people ... (Read 19 times)

Alainaaa8

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on: Jun 29, 2018
According to the law of supply
 
  A) people buy more of a good when the price increases.
  B) people buy less of a good when the price decreases.
  C) producers provide more of a good when the price decreases.
  D) producers provide less of a good when the price decreases.

Question 2

In the above figure, the production of 75 ukuleles and 75 guitars is
 
  A) efficient production.
  B) inefficient production.
  C) impossible production.
  D) full employment production.


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kardosa007

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Alainaaa8

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

covalentbond

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

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