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

Author Question: Which of the following relationships reflect the law of supply? a. an increase in QS => a ... (Read 9 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Which of the following relationships reflect the law of supply?
 a. an increase in QS => a decrease in Price
 b. a decrease in Price => an increase in supply
  c. an increase in Price => an increase in QS
 d. a decrease in Price => an increase in QS

Question 2

A decrease in the U.S. price level will:
 a. decrease U.S. imports.
 b. decrease U.S. exports.
 c. decrease the quantity of RGDP demanded in the United States.
  d. both (a) and (c)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

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

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Blood supply to the pituitary gland Blood supply to the pituitary gland
Symbolic language may have helped reinforce exclusive sexual relationships within social groups in l Symbolic language may have helped reinforce exclusive sexual relationships within social groups in l
The Power and Control Wheels of Abusive Relationships When one person in a relationship repeatedly ... The Power and Control Wheels of Abusive Relationships When one person in a relationship repeatedly ...
A high-performance aftermarket air filter often can increase airflow into the engine for more ... A high-performance aftermarket air filter often can increase airflow into the engine for more ...
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Video: Biological organic compounds

For a complete list of videos, visit our video library