Author Question: The negative slope of the demand curve reflects the: a. positive relationship between price and ... (Read 46 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
The negative slope of the demand curve reflects the:
 a. positive relationship between price and quantity.
  b. proportional relationship between price and quantity.
  c. inverse relationship between price and quantity.
  d. positive relationship between income and quantity.
  e. inverse relationship between income and price.

Question 2

The demand schedule for a good shows:
 a. the specific quantity of the good that people are willing and able to sell at different prices.
  b. the positive relationship between the price and the quantity of the good.
  c. no relationship between the price and the quantity of the good.
  d. the specific quantity of the good that people are willing and able to buy at different prices.
  e. the quantity of the good that is sold in the market.



parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library