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

Author Question: To an economist, the term needs A) means the purchase of necessary goods. B) is objectively ... (Read 39 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 29, 2018
To an economist, the term needs
 
  A) means the purchase of necessary goods.
  B) is objectively undefinable.
  C) identifies the purchases of basic goods and services.
  D) refers to the purchase of goods by the poor.

Question 2

An increase in supply, other things being equal, will cause which of the following to occur?
 
  A) quantity supplied to decrease.
  B) quantity demanded to increase.
  C) a rightward shift in the demand curve as the price falls.
  D) a leftward shift in the demand curves as the price increases.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


123654777

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jun 29, 2018
Correct answers!


johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
Long-Term Potentiation Long-Term Potentiation
Varieties of Long-Term Memory Varieties of Long-Term Memory
Alternative methods for locating the CPT Main Term. Alternative methods for locating the CPT Main Term.
The relationship between the permissible exposure limit (PEL), the short-term exposure limit (STEL), ... The relationship between the permissible exposure limit (PEL), the short-term exposure limit (STEL), ...
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Video: Pericarditis

For a complete list of videos, visit our video library