This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in quantity demanded is caused by A) an increase in income. B) a decrease in the ... (Read 51 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


karateprodigy

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Wow, this really help

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Placenta previa. The condition is caused by the development of the placenta over the cervical canal, Placenta previa. The condition is caused by the development of the placenta over the cervical canal,
Pneumonia. This common lung inflammation may be caused by bacteria, viruses, or fungi and is often d Pneumonia. This common lung inflammation may be caused by bacteria, viruses, or fungi and is often d
This patient presented with a case of facial palsy caused by an infection by the bacterial ... This patient presented with a case of facial palsy caused by an infection by the bacterial ...
Mount Pinatubo caused ~1˚C cooling for up to 5 years Mount Pinatubo caused ~1˚C cooling for up to 5 years
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Video: Replication of DNA and Chromosomes/ How do cells replicate their DNA? (Animation) no Audio

For a complete list of videos, visit our video library