« previous next »

Author Question: The market demand curve for mangos is A) upward sloping because rich people can afford more ... (Read 27 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
The market demand curve for mangos is
 
  A) upward sloping because rich people can afford more mangos than poor people can buy.
  B) the same as the demand curve of one buyer in a market with many buyers.
  C) the horizontal sum of the individual demand curves of all the buyers.
  D) the vertical sum of the individual demand curves of all the buyers.
  E) the horizontal average of the individual demand curves of all the buyers.

Question 2

When a government must operate on a balanced budget, it means that there is no ________ or ________.
 
  A) unemployment; special taxes B) surplus; deficit
  C) bonds being issued; purchased D) borrowing; printing of money
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Four Arch Curve Four Arch Curve
A farmer with a pitchfork, wearing a hat identifying him as a Granger, warns of an oncoming “Consoli A farmer with a pitchfork, wearing a hat identifying him as a Granger, warns of an oncoming “Consoli
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
An upward-sloping spark line usually indicates a mechanical engine problem or a lean air–fuel ... An upward-sloping spark line usually indicates a mechanical engine problem or a lean air–fuel ...
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library