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

Author Question: If the quantity desired of something exceeds the amount available at zero price, that item is called ... (Read 68 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
If the quantity desired of something exceeds the amount available at zero price, that item is called
 
  A) capital.
  B) an economic good.
  C) an intangible good.
  D) a bad.

Question 2

According to the law of demand, other things being equal
 
  A) when the price a good goes up, then people buy more of that good.
  B) when the price a good goes up, then people buy less of that good.
  C) when people's income goes up, then they buy more of a good.
  D) when people's income goes up, then they buy less of a good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


corkyiscool3328

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Wow, this really help

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Wood first appeared in plants called progymnosperms. Wood first appeared in plants called progymnosperms.
Water amount needed to grow crops Water amount needed to grow crops
A resonance tube, called a Helmholtz resonator, is used on the intake duct between the air filter ... A resonance tube, called a Helmholtz resonator, is used on the intake duct between the air filter ...
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
A commercially available DNA microarray, called a GeneChip, marketed by Affymetrix, Inc A commercially available DNA microarray, called a GeneChip, marketed by Affymetrix, Inc
Video: Phlebotomy

For a complete list of videos, visit our video library