Author Question: The other things being equal clause in the law of demand does not allow which of the following ... (Read 65 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
The other things being equal clause in the law of demand does not allow which of the following factors to change?
 a. Consumer income. b. The prices of other goods.
  c. Consumer tastes and preferences. d. All of these.

Question 2

The fact that price and quantity demanded are related negatively illustrates the:
 a. law of supply.
  b. law of quantity supply.
  c. law of demand.
  d. law of quantity demanded.
  e. point that some facts are unobservable.



vish98

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library