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

Author Question: Suppose that it is observed that the price of wheat falls and that the quantity sold also falls. ... (Read 58 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Suppose that it is observed that the price of wheat falls and that the quantity sold also falls. From this we can deduce
◦ that the demand curve has shifted to the left, but we cannot deduce whether or not the supply curve has shifted.
◦ that the supply curve has shifted to the right, but we cannot deduce whether or not the demand curve has shifted.
◦ that the supply curve has shifted to the left, but we cannot deduce whether or not the demand curve has shifted.
◦ that the demand curve has shifted to the right, but we cannot deduce whether or not the supply curve has shifted.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by craiczarry on May 25, 2020

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
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 50% of students answer this correctly




craiczarry

  • Member
  • Posts: 527
Reply 2 on: May 25, 2020
Great answer, keep it coming :)


sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library