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Author Question: To an economist, the term needs A) means the purchase of necessary goods. B) is objectively ... (Read 16 times)

123654777

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on: Jun 29, 2018
To an economist, the term needs
 
  A) means the purchase of necessary goods.
  B) is objectively undefinable.
  C) identifies the purchases of basic goods and services.
  D) refers to the purchase of goods by the poor.

Question 2

An increase in supply, other things being equal, will cause which of the following to occur?
 
  A) quantity supplied to decrease.
  B) quantity demanded to increase.
  C) a rightward shift in the demand curve as the price falls.
  D) a leftward shift in the demand curves as the price increases.


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johnpizzaz

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

B

Answer to Question 2

B


123654777

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Reply #2 on: Jun 29, 2018
Correct answers!


johnpizzaz

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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