« previous next »

Author Question: The quantity of a good demanded tends to increase as its price falls because: a. a decrease in ... (Read 139 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
on: Jun 30, 2018
The quantity of a good demanded tends to increase as its price falls because:
 a. a decrease in price shifts the demand curve to the right.
 b. a decrease in price shifts the demand curve to the left.
 c. a decrease in price shifts the supply curve to the right.
 d. a decrease in price leads consumers to substitute toward this now relatively cheaper product.

Question 2

If exports and imports both rose, but exports rose less than imports,
 a. AD would decrease.
 b. AD would increase.
 c. AD would be unaffected.
 d. AD could either increase or decrease.


wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

littleanan

  • Hero Member
  • *****
  • Posts: 575
Reply #2 on: Jun 30, 2018
Thank you


wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library