This topic contains a solution. Click here to go to the answer

Author Question: The law of demand indicates that as the price of a good increases: a. suppliers sell less of it. b. ... (Read 32 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
The law of demand indicates that as the price of a good increases:
 a. suppliers sell less of it. b. suppliers sell more of it.
  c. buyers buy less of it. d. buyers buy more of it.

Question 2

The law of demand indicates that:
 a. every physical good has a use.
  b. when people want a good badly enough, they will find a way to pay for it.
  c. the desire for a good is unrelated to its price.
  d. the quantity of a good that people will buy is inversely related to the price of the good.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

c

Answer to Question 2

d




michelleunicorn

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

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?

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

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library