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Author Question: Which of the following causes an increase in demand for a normal good? A) increase in the price ... (Read 181 times)

madam-professor

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on: Jun 29, 2018
Which of the following causes an increase in demand for a normal good?
 
  A) increase in the price of a substitute
  B) increase in the price of a complement
  C) decrease in price
  D) decrease in income

Question 2

Models must
 
  A) be able to yield useable predictions.
  B) be totally realistic in every detail.
  C) be a complete reproduction of the real world.
  D) include every relationship that exists.


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1_Step_At_ATime

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

A

Answer to Question 2

A


madam-professor

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

bulacsom

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Reply 3 on: Yesterday
Excellent

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