« previous next »

Author Question: If the demand for hamburgers decreases, the equilibrium price A) rises and the equilibrium ... (Read 66 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
If the demand for hamburgers decreases, the equilibrium price
 
  A) rises and the equilibrium quantity increases.
  B) falls and the equilibrium quantity increases.
  C) rises and the equilibrium quantity decreases.
  D) falls and the equilibrium quantity decreases.

Question 2

In order to be classified as a recession, a contraction of general economic activity must last at least
 
  A) one year.
  B) six months.
  C) one period.
  D) one quarter.
  E) None of the above because recessions do not have a minimum length.


javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

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?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

An intra-aortic balloon pump increases circulation to the coronary arteries and decreases the worklo An intra-aortic balloon pump increases circulation to the coronary arteries and decreases the worklo
The demand for cheap coal to generate electrical power is rising The demand for cheap coal to generate electrical power is rising
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Exocytosis - secretion

For a complete list of videos, visit our video library