Author Question: The law of demand includes the statement other things being equal. These other things include all of ... (Read 42 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
The law of demand includes the statement other things being equal. These other things include all of the following EXCEPT
 
  A) the price of that good in the law of demand.
  B) consumers' income.
  C) consumers' tastes and preferences.
  D) the number of potential buyers.

Question 2

Which of the following is NOT a focus of the study of economics?
 
  A) how individual preferences are formed
  B) unemployment
  C) inflation
  D) prices in particular markets



abro1885

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library