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Author Question: If consumers but not producers expect that the price of soda will rise in November, the A) supply ... (Read 170 times)

mp14

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  • Posts: 534
on: Jun 29, 2018
If consumers but not producers expect that the price of soda will rise in November, the
 
  A) supply of soda in October will increase.
  B) demand for soda in October will decrease.
  C) demand for soda in October will increase.
  D) supply of soda in October will decrease.

Question 2

Suppose a nation opens up to free trade and becomes an exporter of goods. Which of the following is then true of this nation?
 
  A) The nation as a whole suffers losses.
  B) Sellers gain.
  C) Buyers gain.
  D) Both buyers and sellers gain.


adammoses97

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

C

Answer to Question 2

B


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