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

Author Question: The price of milk increases. Which of the following is NOT part of the likely chain of events that ... (Read 47 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
The price of milk increases. Which of the following is NOT part of the likely chain of events that follows from this price change?
 
  A) Some milk consumers reduce their consumption of milk.
  B) Milk producers increase their production of milk.
  C) The producers of feed for dairy cows increase production.
  D) The manufacturers of milking machines lay off some workers.

Question 2

Microeconomics is concerned with studying which of the following?
 
  A) the determinants of national unemployment
  B) the effects of monetary policy
  C) the study of individual markets
  D) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


brutforce

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Excellent

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

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

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Flower part number is a characteristic difference between monocots and eudicots Flower part number is a characteristic difference between monocots and eudicots
Model for the events occurring around a single replication fork Model for the events occurring around a single replication fork
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Principles of amplification of selected fragments of DNA by polymerase chain reaction cycling. Principles of amplification of selected fragments of DNA by polymerase chain reaction cycling.
How to evaluate composite functions (f∘g∘h) (Part 3) How to evaluate composite functions (f∘g∘h) (Part 3)
Question 37 Part 2 Question 37 Part 2
Video: How Hemoglobin Picks Up and Delivers Oxygen

For a complete list of videos, visit our video library