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Author Question: The law of demand states that changes in A) demand are related directly to changes in supply. B) ... (Read 146 times)

Lobcity

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on: Jun 29, 2018
The law of demand states that changes in
 
  A) demand are related directly to changes in supply.
  B) the quantity demanded of a good are not related to changes in the quantity supplied.
  C) the quantity demanded of a good are inversely related to changes in its price.
  D) demand are inversely related to changes in supply.

Question 2

Which of the following situations best describes an individual who is cyclically unemployed?
 
  A) Catherine is a ski instructor who is not working because it is summer.
  B) Matthew was an artillery man, but he has been unable to find work since he left the army.
  C) Nicholas was laid-off when orders for General Motors cars fell during a recession.
  D) Susan quit her job as a preschool teacher to try to find a better paying job.


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Anton

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

Thanks for your help Worked like a charm.

Answer to Question 2

C


Lobcity

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

aliotak

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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