« previous next »

Author Question: Which of the following best represents the effects of an increase in the price of coffee, other ... (Read 26 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?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

A study by Seehausen and van Alphen involving the effects of male coloration on female choice in Afr A study by Seehausen and van Alphen involving the effects of male coloration on female choice in Afr
Effects of nursing rounds on patient safety Effects of nursing rounds on patient safety
Antidepressant Effects at the Synapse Antidepressant Effects at the Synapse
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
Coffee beans Coffee beans
The Effects of Asthma on the Bronchioles The Effects of Asthma on the Bronchioles
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library