This topic contains a solution. Click here to go to the answer

Author Question: Tobacco prices fell dramatically in the early 1600s in spite of demand increases because: a. supply ... (Read 65 times)

khang

  • Hero Member
  • *****
  • Posts: 569
Tobacco prices fell dramatically in the early 1600s in spite of demand increases because:
 a. supply was also increasing.
  b. supply was decreasing.
  c. new farming machinery was introduced.
  d. the colonial government provided agriculture subsidies for tobacco farmers.

Question 2

It has been argued that banks tended not to take full advantage of issuing notes, thereby passing up potential profits because:
 a. the profit amounts were small.
  b. they were not the types of profits conservative bankers wanted to pursue.
  c. regulations and opportunity costs involved with the issuance itself limited the profits.
  d. All of the above are correct.
  e. Only a and c are correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

a. supply was also increasing.

Answer to Question 2

d. All of the above are correct.




khang

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library