Author Question: A decrease in the demand for soft drinks due to changes in consumer tastes, accompanied by an ... (Read 90 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
A decrease in the demand for soft drinks due to changes in consumer tastes, accompanied by an increase in the supply of soft drinks as a result of reductions in input prices, will result in
 
  A) a decrease in the equilibrium quantity of soft drinks and no change in the equilibrium price.
  B) a decrease in the equilibrium price of soft drinks; the equilibrium quantity may increase or decrease.
  C) an increase in the equilibrium quantity of soft drinks; the equilibrium price may increase or decrease.
  D) a decrease in the equilibrium price of soft drinks and no change in the equilibrium quantity.

Question 2

An example of a factor of production for Dell is
 
  A) the computers exported by Dell. B) a worker hired by Dell.
  C) corporate bonds sold by Dell. D) stock issued by Dell.


amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library