Author Question: The market demand curve for mangos is A) upward sloping because rich people can afford more ... (Read 28 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
The market demand curve for mangos is
 
  A) upward sloping because rich people can afford more mangos than poor people can buy.
  B) the same as the demand curve of one buyer in a market with many buyers.
  C) the horizontal sum of the individual demand curves of all the buyers.
  D) the vertical sum of the individual demand curves of all the buyers.
  E) the horizontal average of the individual demand curves of all the buyers.

Question 2

When a government must operate on a balanced budget, it means that there is no ________ or ________.
 
  A) unemployment; special taxes B) surplus; deficit
  C) bonds being issued; purchased D) borrowing; printing of money


rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library