« previous next »

Author Question: The effect of a decrease in the price of personal computers, other things constant, is likely to be ... (Read 95 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
The effect of a decrease in the price of personal computers, other things constant, is likely to be best represented by which of the following?
 a. a leftward shift of the demand curve
  b. a movement leftward along the demand curve
  c. a rightward shift of the demand curve
  d. a movement rightward along the demand curve
  e. a rightward shift of the supply curve

Question 2

Studies show that the demand curve for peas has shifted. Which of the following explanations would you reject first?
 a. The price of string beans has changed.
  b. The demand for corn has changed.
  c. The demand for string beans has changed.
  d. The income of consumers has changed.
  e. The price of peas has changed.


manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Will the sun rise tomorrow? Are you sure? “Cause and effect” vs. sense experience. Will the sun rise tomorrow? Are you sure? “Cause and effect” vs. sense experience.
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
The effect of thermal expansion The effect of thermal expansion
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Relative Humidity Changes at Constant Water-Vapor Content Relative Humidity Changes at Constant Water-Vapor Content
Rain Shadow Effect Rain Shadow Effect
Video: Effect of blood chemistry - stimuli, hyperventilation response and hypoventilation response

For a complete list of videos, visit our video library