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

Author Question: If demand increases and supply decreases, quantity will a. always increase b. always decrease c. ... (Read 24 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
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
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library