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Author Question: Because new plastic and recycled plastic are substitutes, as the price of newly produced plastic ... (Read 118 times)

kshipps

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on: Jun 29, 2018
Because new plastic and recycled plastic are substitutes, as the price of newly produced plastic decreases
 
  A) the demand curve for recycled plastic shifts to the left.
  B) there is a movement up along the demand curve for recycled plastic.
  C) there is a movement down along the demand curve for recycled plastic.
  D) the demand curve for recycled plastic shifts to the right.

Question 2

If a brewery wants to raise funds to purchase a new fermenting vat, it does so in the
 
  A) alcoholic beverages market. B) output market.
  C) factor market. D) product market.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Andromeda18

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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kshipps

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Reply #2 on: Jun 29, 2018
Thank you :)


Andromeda18

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Reply #3 on: Jun 29, 2018
Happy to help you


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