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

Author Question: Z is a normal good. The equilibrium price and quantity of Z in the year 2011 was 25 and 60 units, ... (Read 82 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
Z is a normal good. The equilibrium price and quantity of Z in the year 2011 was 25 and 60 units, respectively. In 2014, the equilibrium price of Z had increased to 35 but the equilibrium quantity had decreased to 50 units.
 
  Other things remaining the same, which of the following could explain this change? A) Shift of the supply curve of Z to the left
  B) Shift of the supply curve of Z to the right
  C) Shift of the demand curve for Z to the left
  D) Shift of the demand curve for Z to the right

Question 2

Why are cartels among firms usually kept secret?
 
  What will be an ideal response?
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 61% of students answer this correctly


panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Excellent

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Repeating Units of DNA and RNA Repeating Units of DNA and RNA
Hospitalization per year Hospitalization per year
Top Eleven Countries in Year 2009 According to Three Different Measures Top Eleven Countries in Year 2009 According to Three Different Measures
Because the factor h on the right side of the Heisenberg uncertainty principle has units of ... Because the factor h on the right side of the Heisenberg uncertainty principle has units of ...
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: Parkinson's Disease

For a complete list of videos, visit our video library