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Author Question: Suppose all of the major computer manufacturers announced that beginning next month there would be ... (Read 71 times)

Capo

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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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Answer to Question 1

b

Answer to Question 2

d




Capo

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Reply 2 on: Jun 30, 2018
Excellent


carojassy25

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Reply 3 on: Yesterday
Gracias!

 

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