Author Question: If more buyers came into the market for a good, we would expect to see the market demand curve A) ... (Read 162 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
If more buyers came into the market for a good, we would expect to see the market demand curve
 
  A) shift inward and to the left.
  B) remain unchanged since none of the determinants of individual demand changed.
  C) shift outward and to the right.
  D) reflect a positive relationship between price and quantity demanded.

Question 2

When income is 15,000, the amount of income income taxes owed is 2,000; when income increases to 20,000, the amount owed increases to 3,000. The marginal tax rate in this case is
 
  A) 20 percent.
  B) 13.3 percent.
  C) 15 percent.
  D) 25 percent.



lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library