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

Author Question: According to the law of demand, an increase in the price of a good causes A) a rightward shift of ... (Read 56 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
According to the law of demand, an increase in the price of a good causes
 
  A) a rightward shift of the demand curve for that good.
  B) a leftward shift of the demand curve for that good.
  C) an upward movement along the demand curve for that good.
  D) a downward movement along the demand curve for that good.

Question 2

Macroeconomics deals with ________ while microeconomics deals with ________.
 
  A) choices important to people; choices not important to people
  B) economywide choices; choices of individuals
  C) choices that involve money; choices that does not involve money
  D) choices of rich people; choices of poor people


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
a) Shift your weight at the end of your reach. b) Avoid overreaching. a) Shift your weight at the end of your reach. b) Avoid overreaching.
An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
The original Supply and Demand graph The original Supply and Demand graph
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Sperm Formation

For a complete list of videos, visit our video library