Author Question: The law of demand includes the statement other things being equal. These other things include all of ... (Read 82 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 first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library