This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A government mandated price increase for doodads will: a. decrease the quantity of doodads supplied ... (Read 90 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
A government mandated price increase for doodads will:
 a. decrease the quantity of doodads supplied but increase the quantity of doodads demanded.
  b. increase the quantity of doodads supplied but decrease the quantity of doodads demanded.
  c. increase the demand for doodads and decrease the supply of doodads.
 d. decrease the demand for doodads and increase the supply of doodads.

Question 2

Which of the following is not a correct statement about money?
 a. Money serves as a medium of exchange.
 b. The value of money generally fluctuates much more than the prices of individual commodities like oil or wheat.
  c. Money serves as a store of value.
 d. Money serves as a means of deferred payment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
Excellent

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Gossip and ridicule increase the status insecurity of this time of life. Gossip and ridicule increase the status insecurity of this time of life.
The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
The Increase in Divorce The Increase in Divorce
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Excessive video gaming decrease social and physical development in a child Excessive video gaming decrease social and physical development in a child
Video: The Lac Operon in E. Coli

For a complete list of videos, visit our video library