« previous next »

Author Question: Individual decision making by consumers and producers is the focus of A) macroeconomics. B) ... (Read 33 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
Individual decision making by consumers and producers is the focus of
 
  A) macroeconomics.
  B) microeconomics.
  C) aggregate measures.
  D) any economic model.

Question 2

The price of a new car is 40,000 while the price of a five-year old car of the same brand is 16,000. The next year the price of the new car increases to 44,000 and the price of a five-year old car of the same brand is 17,600.
 
  The relative price of the used car A) decreased by 2,400.
  B) decreased by 10 percent.
  C) increased by 10 percent.
  D) remained constant at 0.4.


Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
Feast-making spoon (Wunkirmian). Liberia/IvoryCoast. Feast-making spoon (Wunkirmian). Liberia/IvoryCoast.
(A) In hyperopia, light rays focus behind the retina, making it difficult to focus on objects at ... (A) In hyperopia, light rays focus behind the retina, making it difficult to focus on objects at ...
Ethical Decision-Making Model Cont Ethical Decision-Making Model Cont
Making recombinant DNA molecules Making recombinant DNA molecules
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library