Which of the following would shift the supply curve for smartphones to the right?
A) an increase in consumer income (assuming that all smartphones are normal goods)
B) an increase in the price of a substitute in production
C) a decrease in the price of an input used to produce smartphones
D) a decrease in the number of firms that produce smartphones
Question 2
If the cross-price elasticity of demand between Breeze Detergent and Faber Detergent is a relatively large positive number, then it indicates that
A) the two brands are probably made by the same company.
B) consumers have a distinct preference for one brand versus the other.
C) detergents are necessities.
D) the two brands of detergent are close substitutes.
A theoretical photosynthetic response curve.
How to plot a sine function containing an amplitude and phase shift (Question 1 of 3)
How to shift and reflect a square root function using transformations
Testing the arterial supply to the lower extremities
IQ scores form what mathematicians call a normal distribution "bell curve"
Construct a Lorenz curve that shows income distribution in this society.