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Author Question: According to the law of demand, an increase in the price of a good causes A) a rightward shift of ... (Read 93 times)

yoooooman

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on: Jun 29, 2018
According to the law of demand, an increase in the price of a good causes
 
  A) a rightward shift of the demand curve for that good.
  B) a leftward shift of the demand curve for that good.
  C) an upward movement along the demand curve for that good.
  D) a downward movement along the demand curve for that good.

Question 2

Macroeconomics deals with ________ while microeconomics deals with ________.
 
  A) choices important to people; choices not important to people
  B) economywide choices; choices of individuals
  C) choices that involve money; choices that does not involve money
  D) choices of rich people; choices of poor people


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bob

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


yoooooman

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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