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Author Question: When the demand and supply of a good both shift in the same direction and amount: a. Price will ... (Read 75 times)

pepyto

  • Hero Member
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  • Posts: 547
on: Jun 30, 2018
When the demand and supply of a good both shift in the same direction and amount:
 a. Price will change in the same direction as the shifts in supply and demand.
 b. Price will change in the opposite same direction as the shifts in supply and demand. change in price and an increase in quantity exchanged.
  c. Quantity exchanged will change in the same direction as that of the shifts in supply and demand.
 d. Quantity exchanged will change in the opposite direction from that of the shifts in supply and demand

Question 2

The problem of double coincidence of wants is associated with:
 a. paper money.
  b. insurance.
 c. credit cards.
 d. barter system.


deja

  • Sr. Member
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  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


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