Author Question: If people expect the price of packaged coffee to rise next week, coffee demand will: a. decrease ... (Read 37 times)

cool

  • Hero Member
  • *****
  • Posts: 570
If people expect the price of packaged coffee to rise next week, coffee demand will:
 a. decrease now.
  b. increase now.
  c. stay the same now and increase next week.
  d. stay the same now and decrease next week.
  e. stay the same now and next week.

Question 2

Which of the following will not cause a change in demand for crackers?
 a. A change in consumers' income.
  b. A change in the price of crackers.
  c. A change in the price of cheese.
  d. A change in the number of cracker-eaters.
  e. A change in consumers' tastes for crackers.



tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library