An increase in quantity demanded is caused by A) an increase ...

[karateprodigy]

An increase in quantity demanded is caused by
 
  A) an increase in income.
  B) a decrease in the price of the good.
  C) a decrease in the price of a complement.
  D) a change in expectations about price in the future.

Question 2

A result of a positive externality in the production of a good is that
 
  A) the price system will over-allocate resources to the production of that good or service.
  B) the price system will under-allocate resources to the production of that good or service.
  C) the market supply will be too high.
  D) the market demand will be too high.

[milbourne11]

Answer to Question 1

B

Answer to Question 2

B

[karateprodigy]

Thanks for the timely response, appreciate it

[vickyvicksss]

Excellent