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Author Question: The demand curve shows the relationship between quantity demanded and A) income. B) price. C) ... (Read 52 times)

sdfghj

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on: Jun 29, 2018
The demand curve shows the relationship between quantity demanded and
 
  A) income.
  B) price.
  C) supply.
  D) quantity supplied.

Question 2

When the price system fails to generate an efficient allocation of resources
 
  A) the market will always correct it.
  B) consumers will spend less.
  C) business will produce more.
  D) too few or too many goods will be produced.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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abctaiwan

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

B

Answer to Question 2

D


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