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

Author Question: The statement other things being equal in the law of demand means all of the following remain ... (Read 108 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
on: Jun 29, 2018
The statement other things being equal in the law of demand means all of the following remain constant EXCEPT
 
  A) consumer income.
  B) the price of the good concerned in the law of demand.
  C) the prices of substitutes.
  D) tastes and preferences.

Question 2

A factory can be thought of as
 
  A) a land and labor combination.
  B) a trade-off with land.
  C) physical capital.
  D) a type of entrepreneurship.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

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?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
The original Supply and Demand graph The original Supply and Demand graph
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library