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

Author Question: Other things being equal, the effect of an increase in the price of Coca-Cola would cause a(n): a. ... (Read 39 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
Other things being equal, the effect of an increase in the price of Coca-Cola would cause a(n):
 a. upward movement along the demand curve for Coca-Cola.
  b. leftward shift in the demand curve for Coca-Cola.
  c. downward movement along the demand curve for Coca-Cola.
  d. rightward shift in the demand curve for Coca-Cola.

Question 2

A movement along the demand curve for automobiles is caused by a change in:
 a. the price of automobiles. b. the price of gasoline.
  c. the price of steel. d. consumers' incomes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ergserg

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

a

Answer to Question 2

a




shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library