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

Author Question: Which of the following is least likely to increase the demand for new tires? a. a decrease in the ... (Read 39 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Which of the following is least likely to increase the demand for new tires?
 a. a decrease in the price of tires
  b. a decrease in the price of cars
  c. an increase in consumer income
  d. an increase in the number of miles people drive per year

Question 2

When economists say the quantity demanded of a product has increased, they mean the:
 a. demand curve has shifted to the left.
  b. demand curve has shifted to the right.
  c. price of the product has fallen, and consequently, consumers are buying more of it.
  d. price of the product has risen, and consequently, consumers are buying less of it.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


ss2343

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The FDA recognizes 118 routes of administration.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
The Increase in Divorce The Increase in Divorce
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library