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

Author Question: You are analyzing the demand for good X. Which of the following will result in a shift to the right ... (Read 18 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jul 1, 2018
You are analyzing the demand for good X. Which of the following will result in a shift to the right of the demand curve for X?
 
  A) A decrease in the price of X
  B) An increase in the price of a good that is a complement to good X
  C) An increase in the price of a good that is a substitute for X
  D) all of the above

Question 2

In 1994, the Walt Disney Corporation ran a special promotion on tickets to Disneyland. Residents of southern California who lived near the amusement park were offered admission at the special price of 22.
 
  Other visitors to Disneyland were charged about 30. This practice is an example of: A) collusion.
  B) price discrimination.
  C) two-part tariff.
  D) bundling.
  E) tying.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


jake

  • Member
  • Posts: 538
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Evolutionary shift in plant life cycle stage dominance. Evolutionary shift in plant life cycle stage dominance.
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
How to plot a sine function with a negative amplitude and phase shift (Question 3 of 3) How to plot a sine function with a negative amplitude and phase shift (Question 3 of 3)
A deficiency of linoleic acid can interfere with normal growth and result in inflammation A deficiency of linoleic acid can interfere with normal growth and result in inflammation
Pulmonary Congestion, which May Result from Congestive Heart Failure Pulmonary Congestion, which May Result from Congestive Heart Failure
The original Supply and Demand graph The original Supply and Demand graph
Video: Audiology

For a complete list of videos, visit our video library