This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following will cause an outward (rightward) shift in the supply curve? A) a ... (Read 125 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Which of the following will cause an outward (rightward) shift in the supply curve?
 
  A) a reduction in the price of the good
  B) an increase in the price of labor input
  C) an increase in the number of consumers
  D) technological progress

Question 2

Inflation is best defined as
 
  A) a sustained increase in the price of ALL goods and services in an economy.
  B) a relative price increase.
  C) a sustained increase in the average of all prices of goods and services in an economy.
  D) a sustained increase in the price of a single good or service.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Frequency distribution curve: interpatient variability in drug response Frequency distribution curve: interpatient variability in drug response
The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive
Ebbinghaus’s forgetting curve Ebbinghaus’s forgetting curve
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ... Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
How to horizontally shift a quadratic function along the x-axis How to horizontally shift a quadratic function along the x-axis
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library