Author Question: An increase in price could occur due to a(n) a. Increase in demand and no change in supply b. ... (Read 109 times)

tingc95 · **on:** Jul 1, 2018

An increase in price could occur due to a(n)
a. Increase in demand and no change in supply
b. Decrease in supply and no change in demand
c. An increase in demand and decrease in supply
d. All of the above

Question 2

You want to run a difference-in-difference experiment with a price increase for your lawn chairs in Miami, FL. If you are worried about the representativeness of your control group, a good comparison city would be
a. Boston, MA
b. San Francisco, CA
c. St. Paul, MN
d. Tampa Bay, FL