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

Author Question: The classical model assumes that A) imperfect competition predominates in most markets. B) ... (Read 70 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
The classical model assumes that
 
  A) imperfect competition predominates in most markets.
  B) people have money illusion.
  C) wages and prices are flexible.
  D) wages are flexible but prices are not.

Question 2

If a demand curve shifts, we know that
 
  A) the price of the good itself is not a factor.
  B) the price of the good itself is a factor.
  C) the price of the good and supply are the major factors.
  D) the price of the good and demand are major factors.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


bobypop

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
:D TYSM

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized
Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19 Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19
Classical Conditioning in Advertisements Classical Conditioning in Advertisements
Ethical Decision-Making Model Ethical Decision-Making Model
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
A Model of Directional Selection against a Recessive Lethal Allele A Model of Directional Selection against a Recessive Lethal Allele
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library