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

Author Question: What is the effect on the price and quantity of wooden desks of a rise in the price of wood? A) ... (Read 101 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
What is the effect on the price and quantity of wooden desks of a rise in the price of wood?
 
  A) The equilibrium quantity of wooden desks increases and the equilibrium price falls.
  B) The equilibrium quantity of wooden desks increases and the equilibrium price rises.
  C) The equilibrium quantity of wooden desks decreases and the equilibrium price falls.
  D) The equilibrium quantity of wooden desks decreases and the equilibrium price rises.

Question 2

Which of the following is rival and excludable?
 
  A) a public good
  B) a natural monopoly
  C) a private good
  D) a common resource
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
:D TYSM

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

A hypothetical example of the bottleneck effect. A hypothetical example of the bottleneck effect.
An example of the founder effect with subsequent adaptive radiation. An example of the founder effect with subsequent adaptive radiation.
Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Stem-lengthening effect of gibberellins. Stem-lengthening effect of gibberellins.
Video: Primary Active Transport - electrochemical gradient and ion transport / water movement

For a complete list of videos, visit our video library