Author Question: If producers must receive a higher price to be induced to produce any quantity, we can conclude that ... (Read 65 times)

cool · **on:** Jun 29, 2018

If producers must receive a higher price to be induced to produce any quantity, we can conclude that

A) supply decreased.
B) demand decreased.
C) both supply and demand increased.
D) demand increased.

Question 2

A person puts a 100 bill in the glove compartment of his car in case of an emergency. This is an example of

A) the precautionary demand for money.
B) the transaction demand for money.
C) the emergency investment demand for money.
D) the asset demand for money.