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 19 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?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
Example of Index entry with Main Term and indented subterms. Example of Index entry with Main Term and indented subterms.
Long Term Control Medications Long Term Control Medications
Three Pieces of the Long-Term Weight-Loss Puzzle Diet Three Pieces of the Long-Term Weight-Loss Puzzle Diet
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
These findings are from Colby and Kohlberg's long-term longitudinal study These findings are from Colby and Kohlberg's long-term longitudinal study
Video: Polysaccharides

For a complete list of videos, visit our video library