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Author Question: Z is a normal good. The equilibrium price and quantity of Z in the year 2011 was 25 and 60 units, ... (Read 85 times)

panfilo

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on: Jun 29, 2018
Z is a normal good. The equilibrium price and quantity of Z in the year 2011 was 25 and 60 units, respectively. In 2014, the equilibrium price of Z had increased to 35 but the equilibrium quantity had decreased to 50 units.
 
  Other things remaining the same, which of the following could explain this change? A) Shift of the supply curve of Z to the left
  B) Shift of the supply curve of Z to the right
  C) Shift of the demand curve for Z to the left
  D) Shift of the demand curve for Z to the right

Question 2

Why are cartels among firms usually kept secret?
 
  What will be an ideal response?
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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katieost

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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.
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panfilo

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

cassie_ragen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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