« previous next »

Author Question: Which of the following best represents the effects of an increase in the price of coffee, other ... (Read 43 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jun 30, 2018
Which of the following best represents the effects of an increase in the price of coffee, other things being equal?
 a. A leftward shift in the demand curve for coffee.
  b. A downward movement along the demand curve for coffee.
  c. A rightward shift in the demand curve for coffee.
  d. An upward movement along the demand curve for coffee.

Question 2

Which of the following best represents the effects of a decrease in the price of coffee, other things being equal?
 a. A leftward shift in the demand curve for coffee.
  b. A downward movement along the demand curve for coffee.
  c. A rightward shift in the demand curve for coffee.
  d. An upward movement along the demand curve for coffee.


alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ericka1

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Jun 30, 2018
Correct answers!


alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

New Research on the Effects of Traumatic Brain Injury (TBI) New Research on the Effects of Traumatic Brain Injury (TBI)
Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv
Effects of a Targeted Deletion of the μ Opiate Receptor Effects of a Targeted Deletion of the μ Opiate Receptor
Negative Effects of Chronic Stress Negative Effects of Chronic Stress
Radiation Side Effects, Healing Time, and Intervention Radiation Side Effects, Healing Time, and Intervention
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: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library