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 31 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
Gracias!

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

A good Mnemonic to know Mg K Ca Na A good Mnemonic to know Mg K Ca Na
The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
Classic Supply - Demand Curve Classic Supply - Demand Curve
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Video: Structure of a Ribosome

For a complete list of videos, visit our video library