This topic contains a solution. Click here to go to the answer

Author Question: According to the law of demand, an increase in the price of a good causes A) a rightward shift of ... (Read 94 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
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
Answer to Question 1

C

Answer to Question 2

B




yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

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

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library