Author Question: Which of the following would most likely cause the demand for veggi burgers to increase? a. A ... (Read 19 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
Which of the following would most likely cause the demand for veggi burgers to increase?
 a. A decline in the price of veggie burger.
  b. An increase in the price of tofu burgers, perceived as a substitute by veggie burger consumers.
  c. An increase in the price of burger buns.
  d. A technological innovation that lowers the cost of producing veggie burgers.

Question 2

Suppose the prices of petroleum products, including gasoline and fuel oil, fell sharply. Which of the following would most likely occur as the result of the lower prices of petroleum products?
 a. A reduction in the consumption of gasoline.
  b. An increase in demand for solar heating systems.
  c. An increase in demand for smaller, more efficient automobiles.
  d. A reduction in the demand for home insulation products.



Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library