This topic contains a solution. Click here to go to the answer

Author Question: People must make choices because A) most people enjoy shopping. B) of scarcity. C) there are ... (Read 90 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
People must make choices because
 
  A) most people enjoy shopping.
  B) of scarcity.
  C) there are many goods available.
  D) the question What goods and services are produced? is not adequately answered.
  E) making choices is in the social interest.

Question 2

A decrease in demand will cause the equilibrium price to ________ and the equilibrium quantity to ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; increase
  D) decrease; decrease



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

B

Answer to Question 2

D




Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library