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

Author Question: A change in a relevant factor other than the price of the good itself causes a ________ the demand ... (Read 68 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
A change in a relevant factor other than the price of the good itself causes a ________ the demand curve, and a change in a good's own price causes a ________ the demand curve.
 
  A) shift of; shift of
  B) shift of; movement along
  C) movement along; shift of
  D) movement along; movement along

Question 2

Under what circumstances will the residual supply curve for a country be upward sloping?
 
  A) when it does not import any of the good from the rest of the world
  B) when it imports a small portion of the rest of the world's supply of the good
  C) when it imports a large portion of the rest of the world's supply of the good
  D) Either A or B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pami445

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library