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Author Question: The costs affecting decisions to supply are always A) accounting costs. B) marginal costs. C) ... (Read 140 times)

madam-professor

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The costs affecting decisions to supply are always
 
  A) accounting costs.
  B) marginal costs.
  C) past costs.
  D) per unit costs.
  E) non-taxable costs.

Question 2

A change in which of the following alters buying plans for cars but does NOT shift the demand curve for cars?
 
  A) a 5 percent increase in people's income
  B) a 10 percent decrease in the price of car insurance
  C) a 20 percent increase in the price of a car
  D) an increased preference for walking rather than driving



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aidanmbrowne

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Answer to Question 1

B

Answer to Question 2

C





 

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