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Author Question: The quantity of a good demanded tends to increase as its price falls because: a. a decrease in ... (Read 220 times)

littleanan

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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

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

d

Answer to Question 2

a


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littleanan

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Reply #2 on: Jun 30, 2018
Thank you


wergv

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Reply #3 on: Jun 30, 2018
No problemo


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