« previous next »

Author Question: The above figure illustrates the demand curve for a good. The good has A) no substitutes. B) ... (Read 78 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
The above figure illustrates the demand curve for a good. The good has
 
  A) no substitutes.
  B) only one substitute.
  C) only a few substitutes.
  D) many substitutes.

Question 2

If the quantity of textbooks supplied is 10,000 per year and the quantity of textbooks demanded is 8,000 per year, there is a ________ in the market and the price will ________.
 
  A) shortage; rise
  B) shortage; fall
  C) surplus; rise
  D) surplus; fall


brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Bacteria growth curve Bacteria growth curve
Choose the reaction that illustrates Hf for KHCO3. Choose the reaction that illustrates Hf for KHCO3.
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library