This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the effect on the price and quantity of wooden desks of a rise in the price of wood? A) ... (Read 71 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
What is the effect on the price and quantity of wooden desks of a rise in the price of wood?
 
  A) The equilibrium quantity of wooden desks increases and the equilibrium price falls.
  B) The equilibrium quantity of wooden desks increases and the equilibrium price rises.
  C) The equilibrium quantity of wooden desks decreases and the equilibrium price falls.
  D) The equilibrium quantity of wooden desks decreases and the equilibrium price rises.

Question 2

Which of the following is rival and excludable?
 
  A) a public good
  B) a natural monopoly
  C) a private good
  D) a common resource
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Effect of the activation energy barrier. Effect of the activation energy barrier.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The enhanced greenhouse effect The enhanced greenhouse effect
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
The effect of selection on allele frequency The effect of selection on allele frequency
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library