« previous next »

Author Question: Suppose that milk producers expect that the price of milk is going to drop next week. This would ... (Read 189 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
Suppose that milk producers expect that the price of milk is going to drop next week. This would cause
 
  A) a decrease in the supply of milk today.
  B) an increase in the supply of milk today.
  C) an increase in the demand for milk today.
  D) the selling price of milk to rise today.

Question 2

Along a short-run aggregate supply curve, which of the following is (are) held constant?
 
  A) real GDP
  B) aggregate demand
  C) input prices.
  D) profits


lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Millikan Oil-Drop Experiment – Experimental Set-Up Millikan Oil-Drop Experiment – Experimental Set-Up
40th Week pregnancy period baby 40th Week pregnancy period baby
Baby position during the 30th week of pregnancy Baby position during the 30th week of pregnancy
Low-fat milk provides a whole host of nutrients Low-fat milk provides a whole host of nutrients
Low-fat chocolate milk Low-fat chocolate milk
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library