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

Author Question: Refer to the above figure. Autonomous consumption is A) only at point A. B) to the left of point ... (Read 82 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
Refer to the above figure. Autonomous consumption is
 
  A) only at point A. B) to the left of point B.
  C) only at point B. D) to the right of point B.

Question 2

Other things remaining same, a right shift in the demand curve will lead to:
 
  A) a decrease in the equilibrium price and the equilibrium quantity.
  B) a decrease in the equilibrium price and an increase in the equilibrium quantity.
  C) an increase in the equilibrium price and the equilibrium quantity.
  D) an increase in the equilibrium price and a decrease in the equilibrium quantity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sabina576

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

A

Answer to Question 2

C




armygirl

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

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.

For a complete list of videos, visit our video library