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

Author Question: Which of the following will increase the demand for motorcycles? a. A fall in the price of ... (Read 26 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Which of the following will increase the demand for motorcycles?
 a. A fall in the price of motorcycles.
  b. A fall in insurance rates for motorcycles.
  c. A fall in the price of automobiles.
  d. A fall in buyers' incomes (assuming motorcycles are a normal good).
  e. A fall in consumer preference for motorcycles.

Question 2

An increase in the demand for a good means that:
 a. the demand curve has shifted to the left.
  b. the good's price has fallen and, as a result, consumers are buying more of the good.
  c. the good has become scarce.
  d. consumers are willing to purchase more of the good at each possible price.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Elk wintering in Jackson Hole, Wyoming after migrating there during the fall Elk wintering in Jackson Hole, Wyoming after migrating there during the fall
Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Video: Exercise and cardiac output

For a complete list of videos, visit our video library