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 23 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
YES! Correct, THANKS for helping me on my review

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and
How to solve optimization problems in calculus (Part 3) How to solve optimization problems in calculus (Part 3)
Hydrolysis reactions for some biochemically important phosphate compounds (part 3) Hydrolysis reactions for some biochemically important phosphate compounds (part 3)
How to factor and solve quadratic trinomials (Part 1) How to factor and solve quadratic trinomials (Part 1)
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
Inadequate Airway, Breathing and Circulation in the Trauma Patient (Part 1) Inadequate Airway, Breathing and Circulation in the Trauma Patient (Part 1)
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library