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

Author Question: A supply curve slopes upwards because a. the higher the price the lower the quantity that the ... (Read 93 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jul 1, 2018
A supply curve slopes upwards because
 a. the higher the price the lower the quantity that the sellers are willing to supply
  b. the higher the price the higher the quantity that the sellers are willing to supply
  c. the quantity supplied in insensitive to price
 d. an increase in price brings the quantity sold down to zero

Question 2

What is the expected revenue from developing the simplified software?
 a. 4million
 b. 6million
 c. 8million
 d. 10million


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Ebbinghaus’s forgetting curve Ebbinghaus’s forgetting curve
Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ... Oil pressure relief valves are spring loaded. The stronger the spring tension, the higher the oil ...
Apply oil or lotion to the entire leg and hip. Slide palms from lower leg to buttocks. Inside hand ... Apply oil or lotion to the entire leg and hip. Slide palms from lower leg to buttocks. Inside hand ...
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
Parents who have higher levels of education encourage their children to be educated Parents who have higher levels of education encourage their children to be educated
Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus). Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus).
Video: What is an ecosystem?

For a complete list of videos, visit our video library