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Author Question: Suppose that short skirts that were fashionable in the 1990s become unfashionable in the late 2000s. ... (Read 119 times)

penguins

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on: Jun 29, 2018
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.


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IRincones

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


penguins

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ricroger

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Reply 3 on: Yesterday
Wow, this really help

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