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Author Question: Recall the Application. If the decrease in price of illegal drugs is due to equal changes in demand ... (Read 55 times)

kellyjaisingh

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Recall the Application. If the decrease in price of illegal drugs is due to equal changes in demand and supply, the equilibrium quantity of drugs
 
  A) will increase. B) will decrease.
  C) will not change. D) may or may not change.

Question 2

In the circular flow model, the factors of production flow in the
 
  A) opposite direction as does the goods market.
  B) opposite direction as does the government.
  C) same direction as do the rents, wages, interest, and profits.
  D) opposite direction as do the rents, wages, interest, and profits.
  E) same direction as does the goods market.



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Sierray

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Answer to Question 1

C

Answer to Question 2

D





 

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