This topic contains a solution. Click here to go to the answer

Author Question: A schedule of how much of a good people will purchase for a range of possible prices during a ... (Read 46 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
A schedule of how much of a good people will purchase for a range of possible prices during a specified time period, other things constant, is the definition of
 
  A) supply.
  B) demand.
  C) a purchasing contract.
  D) an economic market.

Question 2

Gasoline prices in the United States decreased significantly between 2008 and 2009. A decrease in the price of gasoline, holding other things constant, will cause which of the following to occur?
 
  A) increase the demand for gasoline.
  B) decrease the demand for gasoline.
  C) increase the quantity of gasoline demanded.
  D) decrease the quantity of gasoline demanded.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akudia

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

B

Answer to Question 2

C




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library