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

Author Question: A downward sloping demand curve indicates that A) individuals all have the same valuation of the ... (Read 60 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
A downward sloping demand curve indicates that
 
  A) individuals all have the same valuation of the same product.
  B) individuals have different valuations of the same product.
  C) individuals have no valuations of a particular product.
  D) certain individuals are uninformed about certain aspects of the product.

Question 2

Assume Joe is only willing to pay 5 for a Ferrari sports car.
 
  A) Joe is not considered part of the demand for Ferraris.
  B) Joe most likely will not be sold a Ferrari.
  C) Joe is not considered rational.
  D) Joe's willingness to pay is not indicative of how much he values the Ferrari.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jordin Calloway

  • Sr. Member
  • ****
  • Posts: 334
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




c0205847

  • Member
  • Posts: 531
Reply 2 on: Jul 1, 2018
Gracias!


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library