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Author Question: In the above figure, if household consumption is positively related to household income, then an ... (Read 45 times)

Redwolflake15

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on: Jun 29, 2018
In the above figure, if household consumption is positively related to household income, then an increase in household income will
 
  A) shift the line rightward.
  B) shift the line leftward.
  C) make the line positively sloped.
  D) cause a movement along the line.

Question 2

The table above shows sales of the firms in the chocolate industry. What type of market is this?
 
  A) perfect competition
  B) monopolistic competition
  C) oligopoly
  D) monopoly


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mcni194

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Redwolflake15

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Reply #2 on: Jun 29, 2018
Correct answers!


mcni194

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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