« previous next »

Author Question: Which of the following best represents the effects of an increase in the price of coffee, other ... (Read 9 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jun 30, 2018
Which of the following best represents the effects of an increase in the price of coffee, other things being equal?
 a. A leftward shift in the demand curve for coffee.
  b. A downward movement along the demand curve for coffee.
  c. A rightward shift in the demand curve for coffee.
  d. An upward movement along the demand curve for coffee.

Question 2

Which of the following best represents the effects of a decrease in the price of coffee, other things being equal?
 a. A leftward shift in the demand curve for coffee.
  b. A downward movement along the demand curve for coffee.
  c. A rightward shift in the demand curve for coffee.
  d. An upward movement along the demand curve for coffee.


alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ericka1

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Jun 30, 2018
Correct answers!


alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Neurotransmitter regulation and dysregulation effects. Neurotransmitter regulation and dysregulation effects.
Summary of Parkinson’s disease effects. Summary of Parkinson’s disease effects.
How to determine if a table of values represents a function How to determine if a table of values represents a function
Use tap water when making coffee, tea, or juice from concentrate, and for food preparation Use tap water when making coffee, tea, or juice from concentrate, and for food preparation
Effects of Undernutrition Effects of Undernutrition
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library