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

Author Question: Assume that both the demand curve and the supply curve for DVD players shift to the left but the ... (Read 118 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jun 29, 2018
Assume that both the demand curve and the supply curve for DVD players shift to the left but the supply curve shifts more than the demand curve. As a result
 
  A) both the equilibrium price and quantity of DVD players will decrease.
  B) the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease.
  C) the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will increase.
  D) the equilibrium price of DVD players will increase; the equilibrium quantity will decrease.

Question 2

Tanesha sells homemade candles over the Internet. Her annual revenue is 64,000 per year, the explicit costs of her business are 17,000, and the opportunity costs of her business are 22,000. What is her economic profit?
 
  A) 17,000 B) 25,000 C) 42,000 D) 47,000
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aham8f

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

The original Magdeburg hemispheres (lower left) used to demonstrate Otto von Guericke's vacuum The original Magdeburg hemispheres (lower left) used to demonstrate Otto von Guericke's vacuum
Patient receiving ultrasound treatment to the left elbow. Patient receiving ultrasound treatment to the left elbow.
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Hydronephrosis: bilateral (left), unilateral (right). Hydronephrosis: bilateral (left), unilateral (right).
The right- and left-handed helical forms of DNA The right- and left-handed helical forms of DNA
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library