« previous next »

Author Question: Which of the following will not cause the demand curve for good X to shift? A) a change in the ... (Read 91 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jul 1, 2018
Which of the following will not cause the demand curve for good X to shift?
 
  A) a change in the price of X
  B) a change in the price of Y, a complement
  C) a change in the price of Z, a substitute
  D) an increase in average disposable real income

Question 2

A single-period duopoly firm can choose output level A or B. The firm decides it will produce level A regardless of what the other firm produces. This decision may occur because
 
  A) producing the output level A is a dominant strategy.
  B) this firm has simply decided to always produce at level A.
  C) Both A and B are possible.
  D) None of the above.


xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Carbon Dioxide, Trace Gases, and Climate Change Carbon Dioxide, Trace Gases, and Climate Change
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
Desertification and Climate Change Desertification and Climate Change
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Video: Alzheimer's Disease

For a complete list of videos, visit our video library