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

Author Question: The figure above shows the market for airline tickets. If airline tickets are a normal good, then ... (Read 125 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
The figure above shows the market for airline tickets. If airline tickets are a normal good, then the recession in 2008 that caused people's incomes to decrease lead to a shift from
 
  A) D0 to D1.
  B) D1 to D0.
  C) S0 to S1.
  D) S1 to S0.

Question 2

Which of the following methods is used by unions to increase the demand for the labor of its members?
 
  A) Decrease the marginal product of union members.
  B) Support minimum wage laws.
  C) Oppose import restrictions.
  D) Decrease demand for the good produced.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Consequences of normal and inadequate iodine in the diet. Consequences of normal and inadequate iodine in the diet.
Normal Faults Common at divergent plate boundaries Normal Faults Common at divergent plate boundaries
This Native American depiction of the Sand Creek Massacre, painted on a buffalo hide, shows the Indi This Native American depiction of the Sand Creek Massacre, painted on a buffalo hide, shows the Indi
The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ... The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ...
Good alignment for sitting posture. Good alignment for sitting posture.
Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot. Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot.
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library