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Author Question: A graph can be used to illustrate the relationship between the price of compact discs and the ... (Read 67 times)

dollx

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on: Jun 30, 2018
A graph can be used to illustrate the relationship between the price of compact discs and the quantity of compact discs demanded. If there is evidence that buyers' income also influences the demand for compact discs, then a movement along the curve can be caused by a change in the price of compact discs.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A straight line or curve can shift when a factor not included on the vertical axis or horizontal axis changes.
 a. True
  b. False
  Indicate whether the statement is true or false


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reversalruiz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


dollx

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

abro1885

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Reply 3 on: Yesterday
Gracias!

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