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

Author Question: When income increases, the demand curve for X shifts rightward and the demand curve for Y shifts ... (Read 298 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
When income increases, the demand curve for X shifts rightward and the demand curve for Y shifts leftward. These shifts mean that
 
  A) X and Y are complements.
  B) X and Y both normal goods.
  C) X is an inferior good and Y is a normal good.
  D) X is a normal good and Y is an inferior good.

Question 2

________ refers to an action that an individual with private information takes in order to convince others about his information.
 
  A) Sniping
  B) Signaling
  C) Hedging
  D) Speculating


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


jjjetplane

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

The Light Curve of a Nova The Light Curve of a Nova
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Membrane Protein and Facilitated Transport (Passive Vs Active)

For a complete list of videos, visit our video library