Author Question: Refer to the above table. What is the market quantity demanded at a price of 8? A) 5 B) 15 C) ... (Read 117 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Refer to the above table. What is the market quantity demanded at a price of 8?
 
  A) 5
  B) 15
  C) 35
  D) 44

Question 2

Suppose that a per-unit subsidy is granted to each individual who consumes a product providing external benefits to society at large. Each individuals demand curve will shift ________, and the market demand curve for the product will shift ________.
 
  A) to the right; to the right
  B) to the right; to the left
  C) to the left; to the left
  D) to the left; to the right



mk6555

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

For a complete list of videos, visit our video library