Author Question: The price that we observe in the market is A) the law of demand. B) a substitute. C) the money ... (Read 51 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
The price that we observe in the market is
 
  A) the law of demand.
  B) a substitute.
  C) the money price.
  D) the relative price.

Question 2

Which of the following is NOT a characteristic or focus of microeconomics?
 
  A) individual consumers.
  B) analysis of aggregate economic variables
  C) firm behavior
  D) individual markets



frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library