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

Author Question: Which of the following would cause an increase in demand for golf balls? a. a decrease in the price ... (Read 45 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


audragclark

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Thank you :)


amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

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?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
Alan Price - Poor People Alan Price - Poor People
Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ... Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ...
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Video: Bone processes - resorption and deposition, remodeling and response to stress in adult bones

For a complete list of videos, visit our video library