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

Author Question: An increase in supply will occur when A) the supply curve shifts downward to the right. B) the ... (Read 41 times)

B

  • Hero Member
  • *****
  • Posts: 570
An increase in supply will occur when
 
  A) the supply curve shifts downward to the right.
  B) the supply curve shifts upward to the left.
  C) the demand curve shifts downward to the left.
  D) the demand curve shifts upward to the right.

Question 2

An effective rent control will
 
  A) lead to a surplus of housing units.
  B) keep rents below the competitive market level.
  C) keep rents above the competitive market level.
  D) be set at the price where quantity supplied equals quantity demanded.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

B





 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library