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Author Question: The price of a DVD rental is 1.50 and the price of a downloaded movie is 1.00. If the price of a DVD ... (Read 97 times)

CORALGRILL2014

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  • Posts: 525
on: Jun 29, 2018
The price of a DVD rental is 1.50 and the price of a downloaded movie is 1.00. If the price of a DVD rental increases by 0.50, the relative price a downloaded movie
 
  A) rises.
  B) falls.
  C) does not change.
  D) might change but more information is needed.

Question 2

A decrease in the money wage rate
 
  A) increases the long-run aggregate supply.
  B) decreases the long-run aggregate supply.
  C) increases the short-run aggregate supply.
  D) decreases the short-run aggregate supply.


hugthug12

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  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

Muchas Gracias :)

Answer to Question 2

C


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