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Author Question: Which of the following would cause an increase in demand for golf balls? a. a decrease in the price ... (Read 32 times)

audragclark

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on: Jun 30, 2018
Which of the following would cause an increase in demand for golf balls?
 a. a decrease in the price of golf balls
 b. an increase in the price of green fees
 c. an expectation by buyers that their incomes will increase in the very near future
  d. a change in consumer tastes away from golf and toward tennis

Question 2

Along the long-run aggregate supply curve, the price level ____ with increases in aggregate demand.
 a. does not change
 b. increases
 c. decreases slightly
 d. decreases dramatically


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amandanbreshears

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


audragclark

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Reply #2 on: Jun 30, 2018
Thank you :)


amandanbreshears

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Reply #3 on: Jun 30, 2018
Happy to help you


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