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

Author Question: The price of milk increases. Which of the following is NOT part of the likely chain of events that ... (Read 57 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
The price of milk increases. Which of the following is NOT part of the likely chain of events that follows from this price change?
 
  A) Some milk consumers reduce their consumption of milk.
  B) Milk producers increase their production of milk.
  C) The producers of feed for dairy cows increase production.
  D) The manufacturers of milking machines lay off some workers.

Question 2

Microeconomics is concerned with studying which of the following?
 
  A) the determinants of national unemployment
  B) the effects of monetary policy
  C) the study of individual markets
  D) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


brutforce

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Gracias!

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

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

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

NANDA international two part format NANDA international two part format
The pressure cap should be checked for proper operation using a pressure tester as part of the ... The pressure cap should be checked for proper operation using a pressure tester as part of the ...
The growing peptide chain at the P site The growing peptide chain at the P site
How to calculate simple interest (Part 5; r = I/Pt) How to calculate simple interest (Part 5; r = I/Pt)
How to solve simple percent word problems (Part 1) How to solve simple percent word problems (Part 1)
Flail chest (Part 1) Flail chest (Part 1)
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library