« previous next »

Author Question: If consumers believe the price of tablet computers will increase in the future, this will cause the ... (Read 71 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
If consumers believe the price of tablet computers will increase in the future, this will cause the demand for tablet computers to decrease now.
 
  Indicate whether the statement is true or false

Question 2

In a competitive market the demand curve shows the ________ received by consumers and the supply curve shows the ________.
 
  A) economic surplus; opportunity cost B) utility; average cost.
  C) marginal benefit; marginal cost D) net benefit; net cost
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


chereeb

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

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.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Smart cars in the future Smart cars in the future
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Current and future trends and impacts (IPCC) Current and future trends and impacts (IPCC)
How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ... How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ...
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Causes of Acne

For a complete list of videos, visit our video library