This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: It has been noted that when the price of a good increases, people purchase less of the good. This is ... (Read 144 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
It has been noted that when the price of a good increases, people purchase less of the good. This is an example of
 
  A) macroeconomic analysis.
  B) irrational behavior.
  C) normative economic analysis.
  D) positive economic analysis.

Question 2

Which of the following legal subjects is most concerned with the economic function of the legal system?
 
  A) criminal law
  B) public goods
  C) antitrust legislation
  D) civil rights


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


sarasara

  • Hero Member
  • *****
  • Posts: 521
Reply #2 on: Jun 29, 2018
Thank you


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Wall painting with giraffes, zebra, eland, and abstract shapes, San people, Inanke Cave, Matobo ... Wall painting with giraffes, zebra, eland, and abstract shapes, San people, Inanke Cave, Matobo ...
Aggregates are people who happen to be in the same place at the same time. Aggregates are people who happen to be in the same place at the same time.
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
The energy set-point view that is the basis of many people’s thinking about hunger and eating. The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library