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

Author Question: One reason supply curves have an upward slope is because A) increased supply will require ... (Read 70 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
One reason supply curves have an upward slope is because
 
  A) increased supply will require increased technology.
  B) to have more of the good supplied requires more firms to open.
  C) people will pay a higher price when less is supplied.
  D) a higher price brings a greater profit, so firms want to sell more of that good.
  E) None of the above answers is correct because supply curves have a downward slope.

Question 2

Aggregate expenditure is equal to
 
  A) C - I - G - NX.
  B) Y + C + I + G + NX.
  C) C + I + G - NX.
  D) C + I + G.
  E) C + I + G + NX.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trog

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

D

Answer to Question 2

E





 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library