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

Author Question: In a market system, which component conveys information about what is relatively scarce and what is ... (Read 61 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: Jun 29, 2018
In a market system, which component conveys information about what is relatively scarce and what is relatively abundant?
 
  A) the number of producers
  B) the number of consumers
  C) prices
  D) the amount of government regulation

Question 2

The only variable that can affect a movement along the demand curve is
 
  A) income levels.
  B) the price of the good itself.
  C) the number of buyers.
  D) the number of substitutes.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Yolanda

  • Hero Member
  • *****
  • Posts: 757
Reply #2 on: Jun 29, 2018
Correct answers!


poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Major glands of the human endocrine system Major glands of the human endocrine system
Everyday situations sometimes present opportunities for children to build information processing ... Everyday situations sometimes present opportunities for children to build information processing ...
Comparing Traditional and Industrialized (and Information) Societies Comparing Traditional and Industrialized (and Information) Societies
Major components and functions of the nervous system. Major components and functions of the nervous system.
The pressure valve maintains the system pressure and allows excess pressure to vent. The vacuum ... The pressure valve maintains the system pressure and allows excess pressure to vent. The vacuum ...
A central port fuel-injection system. A central port fuel-injection system.
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library