Author Question: If consumers but not producers expect that the price of soda will rise in November, the A) supply ... (Read 108 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
If consumers but not producers expect that the price of soda will rise in November, the
 
  A) supply of soda in October will increase.
  B) demand for soda in October will decrease.
  C) demand for soda in October will increase.
  D) supply of soda in October will decrease.

Question 2

Suppose a nation opens up to free trade and becomes an exporter of goods. Which of the following is then true of this nation?
 
  A) The nation as a whole suffers losses.
  B) Sellers gain.
  C) Buyers gain.
  D) Both buyers and sellers gain.



adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library