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Author Question: If fines for speeding when driving increase, fewer accidents will occur is an example of a(n) A) ... (Read 72 times)

strangeaffliction

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If fines for speeding when driving increase, fewer accidents will occur is an example of a(n)
 
  A) positive statement.
  B) normative statement.
  C) negative statement.
  D) inverse statement.

Question 2

Sarah's demand curve for shoes has the same slope as Pete's; however, it lies to the right of Pete's. An increase in the price of shoes will cause
 
  A) Sarah to incur a greater loss of consumer surplus than Pete will.
  B) Pete to incur a greater loss of consumer surplus than Sarah will.
  C) Sarah and Pete to incur the same loss of consumer surplus.
  D) Sarah's demand curve to shift closer to Pete's.



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jaygar71

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Answer to Question 1

A

Answer to Question 2

A





 

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