This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is least likely to increase the demand for new tires? a. a decrease in the ... (Read 21 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Which of the following is least likely to increase the demand for new tires?
 a. a decrease in the price of tires
  b. a decrease in the price of cars
  c. an increase in consumer income
  d. an increase in the number of miles people drive per year

Question 2

When economists say the quantity demanded of a product has increased, they mean the:
 a. demand curve has shifted to the left.
  b. demand curve has shifted to the right.
  c. price of the product has fallen, and consequently, consumers are buying more of it.
  d. price of the product has risen, and consequently, consumers are buying less of it.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


ss2343

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ...
A high-performance aftermarket air filter often can increase airflow into the engine for more ... A high-performance aftermarket air filter often can increase airflow into the engine for more ...
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Decrease in mean haplotype heterozygosity Decrease in mean haplotype heterozygosity
Video: Sigmoidoscopy

For a complete list of videos, visit our video library