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Author Question: If the demand for a good is increasing while the supply curve remains unchanged, then we will ... (Read 95 times)

swpotter12

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If the demand for a good is increasing while the supply curve remains unchanged, then we will observe
 
  A) more purchases at a higher price.
  B) more purchases at a lower price.
  C) fewer purchases at a higher price.
  D) fewer purchases at a lower price.

Question 2

Marginal cost curves slope
 
  A) upward because of increasing opportunity cost.
  B) upward because of decreasing opportunity cost.
  C) downward because of increasing opportunity cost.
  D) downward because of decreasing opportunity cost.



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bassamabas

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Answer to Question 1

A

Answer to Question 2

A




swpotter12

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


kishoreddi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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