This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If consumer tastes are changing more in favor of the consumption of a particular good the: a. ... (Read 105 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
If consumer tastes are changing more in favor of the consumption of a particular good the:
 a. market demand curve will shift to the left.
  b. consumer will move up a given demand curve, decreasing the quantity demanded.
  c. consumer would move down a given demand curve, decreasing the quantity demanded.
  d. consumer would move down a given demand curve, increasing the quantity demanded.
  e. market demand curve would shift to the right.

Question 2

When firms advertise their products, they are attempting to:
 a. shift the supply curve of the product to the right.
  b. shift the supply curve of the product to the left.
  c. shift the demand for the product to the right.
  d. shift the demand for the product to the left.
  e. create a surplus of the product.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


asd123

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 30, 2018
Thank you :)


chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

The Changing Appearance of Venus The Changing Appearance of Venus
Is there anything in life that is permanent, or is the world constantly changing? Is there anything in life that is permanent, or is the world constantly changing?
Industrialized nations consumption Industrialized nations consumption
Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Politics, Power and the Common Good: An Introduction to Political Science, 5/E Politics, Power and the Common Good: An Introduction to Political Science, 5/E
Video: Dendrite Animation

For a complete list of videos, visit our video library