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

Author Question: If demand increases and supply decreases, quantity will a. always increase b. always decrease c. ... (Read 71 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
If demand increases and supply decreases, quantity will
 a. always increase
  b. always decrease
  c. increase only if supply decreases more than demand increases
  d. increase only if supply decreases less than demand increases
  e. decrease only if supply decreases less than demand increases

Question 2

If both demand and supply increase, price will
 a. always increase
  b. always decrease
  c. increase only if supply increases more than demand does
  d. increase only if demand increases more than supply does
  e. decrease only if supply increases less than demand does


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

D


Bernana

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jul 1, 2018
Correct answers!


katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Radiation Quantity and Quality Radiation Quantity and Quality
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library