This topic contains a solution. Click here to go to the answer

Author Question: If consumer tastes are changing more in favor of the consumption of a particular good the: a. ... (Read 109 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
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
Answer to Question 1

e

Answer to Question 2

c





 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

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%).

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library