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Author Question: An increase in quantity demanded is caused by A) an increase in income. B) a decrease in the ... (Read 92 times)

karateprodigy

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on: Jun 29, 2018
An increase in quantity demanded is caused by
 
  A) an increase in income.
  B) a decrease in the price of the good.
  C) a decrease in the price of a complement.
  D) a change in expectations about price in the future.

Question 2

A result of a positive externality in the production of a good is that
 
  A) the price system will over-allocate resources to the production of that good or service.
  B) the price system will under-allocate resources to the production of that good or service.
  C) the market supply will be too high.
  D) the market demand will be too high.


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milbourne11

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

B

Answer to Question 2

B


karateprodigy

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Reply 2 on: Jun 29, 2018
Gracias!

laurnthompson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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