Author Question: In the figure above, the curve going through point A represents A) an upward-sloping demand ... (Read 70 times)

Medesa

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In the figure above, the curve going through point A represents
 
  A) an upward-sloping demand curve.
  B) the line of equality.
  C) the wage curve.
  D) the Lorenz curve.

Question 2

Which of the following would explain why Josh's Limo Service might increase its demand for limo drivers?
 
  A) an increase in demand for limo rides, resulting in a rise in the price of a limo ride
  B) a decrease in the demand for limo rides
  C) a fall in the price of a taxi ride
  D) a rise in the wage paid to limo drivers



dajones82

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Answer to Question 1

D

Answer to Question 2

A



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