Suppose that short skirts that were fashionable in the 1990s ...

[penguins]

Suppose that short skirts that were fashionable in the 1990s become unfashionable in the late 2000s. If other factors were held constant, then there would be
 
  A) a rightward movement along the supply curve.
  B) a rightward shift of the demand curve.
  C) a leftward shift in the demand curve.
  D) a leftward movement along the supply curve.

Question 2

A government subsidy is typically used
 
  A) to correct a negative externality.
  B) to provide a government-inhibited good.
  C) to reduce inflation.
  D) to correct a positive externality.

[IRincones]

Answer to Question 1

C

Answer to Question 2

D

[penguins]

TYSM

[Jsherida]

Excellent