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 16 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
Wow, this really help

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library