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Author Question: Fashion trends are a nonprice determinant for demand because A) they cause a movement along the ... (Read 844 times)

jhjkgdfhk

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on: Jun 29, 2018
Fashion trends are a nonprice determinant for demand because
 
  A) they cause a movement along the demand curve.
  B) they influence people's tastes and preferences in clothing.
  C) they change the supply of accessories.
  D) they do not affect demand.

Question 2

When positive externalities exist, the private market equilibrium represents a
 
  A) market price which is too low and a market quantity which is too low.
  B) market price which is too low and a market quantity which is too high.
  C) market price which is too high and a market quantity which is too low.
  D) market price which is too high and a market quantity which is too high.


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mcinincha279

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

B

Answer to Question 2

C


jhjkgdfhk

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

sultana.d

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Reply 3 on: Yesterday
Excellent

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