Author Question: When the price of a good changes, other things constant, what occurs? A) The supply curve shifts ... (Read 64 times)

jessicacav · **on:** Jun 29, 2018

When the price of a good changes, other things constant, what occurs?

A) The supply curve shifts to the right.
B) The supply curve shifts to the left.
C) The supply curve becomes flatter.
D) The supply curve becomes steeper.
E) Only quantity supplied changes.

Question 2

A professor posts his course syllabi and past exams on the Internet. From the economic point of view, the professor's behavior

A) demonstrates the arrogance of the professor.
B) better informs prospective students.
C) is a costless use of scarce resources, because it avoids paper, ink, and mimeos.
D) is irrational.