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Author Question: Suppose all of the major computer manufacturers announced that beginning next month there would be ... (Read 110 times)

Capo

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on: Jun 30, 2018
Suppose all of the major computer manufacturers announced that beginning next month there would be major price reductions on their computers. This would cause the current demand for computers to:
 a. increase. b. decrease.
  c. remain unchanged. d. increase and then decrease.

Question 2

An increase in the expected future price of a good will cause the current demand for the good to:
 a. decrease, which is a shift to the left of the demand curve.
  b. decrease, which is a shift to the right of the demand curve.
  c. increase, which is a shift to the left of the demand curve.
  d. increase, which is a shift to the right of the demand curve.


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soda0602

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Capo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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