Author Question: A decrease in the price of tablet computers will decrease the demand for desktop computers. This ... (Read 296 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
A decrease in the price of tablet computers will decrease the demand for desktop computers. This statement is an example of a normative economic statement.
 
  Indicate whether the statement is true or false

Question 2

The supply curve of a public good shows
 
  A) the marginal cost of producing each unit of the good.
  B) the total quantities that all producers are willing and able to supply at each price.
  C) the maximum amount suppliers require to produce each quantity of the good.
  D) the total cost of producing each unit of the good.


shewald78

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

FALSE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

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.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

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

For a complete list of videos, visit our video library