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 53 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
Great answer, keep it coming :)

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ...
How to reflect the quadratic function relative to the x-axis How to reflect the quadratic function relative to the x-axis
Who Oversees the Food Supply? Who Oversees the Food Supply?
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Phylogenetic relationships among Hawaiian Drosophila species Phylogenetic relationships among Hawaiian Drosophila species
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library