Author Question: During the 1980s both the relative price and the purchases of BMWs increased dramatically. In the ... (Read 79 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
During the 1980s both the relative price and the purchases of BMWs increased dramatically. In the economic way of thinking,
 
  A) the supply curve of BMWs shifted to the right.
  B) the demand curve for BMWs shifted to the right.
  C) the supply curve of BMWs shifted to the left.
  D) the demand curve for BMWs shifted to the left.

Question 2

What is a major reason international trade is restricted?
 
  A) rent seeking
  B) to allow competition with cheap foreign labor
  C) to save jobs
  D) to prevent dumping
  E) to eliminate monopolies


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

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.

For a complete list of videos, visit our video library