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Author Question: People must make choices because A) most people enjoy shopping. B) of scarcity. C) there are ... (Read 77 times)

Hungry!

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on: Jun 29, 2018
People must make choices because
 
  A) most people enjoy shopping.
  B) of scarcity.
  C) there are many goods available.
  D) the question What goods and services are produced? is not adequately answered.
  E) making choices is in the social interest.

Question 2

A decrease in demand will cause the equilibrium price to ________ and the equilibrium quantity to ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; increase
  D) decrease; decrease


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ky860224

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Hungry!

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Reply 2 on: Jun 29, 2018
Excellent

Dinolord

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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