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

Author Question: A product can be classified as an inferior good if an increase in the income causes a. A decrease ... (Read 28 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jul 1, 2018
A product can be classified as an inferior good if an increase in the income causes
 a. A decrease in the quantity demanded
  b. A decrease in demand
 c. An increase in demand
 d. An increase in the quantity demanded.

Question 2

If the Union threatens a strike, what is the firm's best response?
 a. Bargain hard
 b. Accommodate
  c. Run
 d. Hide


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


stock

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
The phenotype of an organism is the product of interactions The phenotype of an organism is the product of interactions
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library