Author Question: The market demand curve for mangos is A) upward sloping because rich people can afford more ... (Read 21 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
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


rekilledagain

  • 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?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library