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

Author Question: The law of demand states that changes in A) demand are related directly to changes in supply. B) ... (Read 160 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anton

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 29, 2018
Answer to Question 1

Thanks for your help Worked like a charm.

Answer to Question 2

C


Lobcity

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
Gracias!

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

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

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

The niche of Spartina anglica is related to tidal fluctuations. The niche of Spartina anglica is related to tidal fluctuations.
Continental United States Hurricane Strikes from 1950-2011 Continental United States Hurricane Strikes from 1950-2011
Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Concepts related to cancer affect the types of cancer Concepts related to cancer affect the types of cancer
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library