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

Author Question: If the price per bushel of apples increased from 7.00 to 8.00 because of a poor harvest, the A) ... (Read 50 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
If the price per bushel of apples increased from 7.00 to 8.00 because of a poor harvest, the
 
  A) demand for apples decreases.
  B) quantity of apples demanded decreases.
  C) quantity of apples supplied decreases.
  D) Both answers A and B are correct.

Question 2

If higher inflation is expected in the future, then the
 
  A) SAS curve shifts rightward.
  B) AD curve shifts rightward.
  C) LAS curve shifts rightward.
  D) None of the above answers is correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


2125004343

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Species-rich floras of chalk grassland compared to species-poor floras of acid soils. Species-rich floras of chalk grassland compared to species-poor floras of acid soils.
A mother dies, a father loses his leg—such calamities shattered poor urban families. Orphaned street A mother dies, a father loses his leg—such calamities shattered poor urban families. Orphaned street
Timothy O'Sullivan (negative) and Alexander Gardner (print), A Harvest of Death, Gettysburg, ... Timothy O'Sullivan (negative) and Alexander Gardner (print), A Harvest of Death, Gettysburg, ...
Horizontal, sagittal, and coronal functional MRIs show areas of increased activity in the primary ... Horizontal, sagittal, and coronal functional MRIs show areas of increased activity in the primary ...
Association of Different HLA Alleles and Increased Susceptibility to Autoimmune Diseases Association of Different HLA Alleles and Increased Susceptibility to Autoimmune Diseases
Erosion Due to Poor Farming Practices Erosion Due to Poor Farming Practices
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library