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

Author Question: An increase in quantity demanded is caused by A) an increase in income. B) a decrease in the ... (Read 119 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


karateprodigy

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Wow, this really help

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

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

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Deformation in human bones caused by (a) rickets and (b) osteoporosis. Deformation in human bones caused by (a) rickets and (b) osteoporosis.
Steric effects caused by ligand binding to the heme of myoglobin Steric effects caused by ligand binding to the heme of myoglobin
Diagram Showing How Conduction Aphasia is Caused Diagram Showing How Conduction Aphasia is Caused
Acromegaly caused by a tumor on his pituitary gland Acromegaly caused by a tumor on his pituitary gland
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library