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

Author Question: A permanent decrease in demand for convenience store services is likely to cause which of the ... (Read 40 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
on: Jun 30, 2018
A permanent decrease in demand for convenience store services is likely to cause which of the following in the long run?
 a. an economic loss for each firm
  b. a higher price for each firm's output
  c. fewer firms in the industry
  d. more firms in the industry
  e. economic profit for each firm

Question 2

If a voter expects to have little effect on government choices, that voter's behavior will reflect
 a. rational ignorance
  b. a cyclical majority
  c. rent seeking
  d. vote trading
  e. a zero-sum game


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
Wow, this really help

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

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).

Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d
CPT Modifiers Used for Medical Office Services CPT Modifiers Used for Medical Office Services
Trees provide ecosystem services to people Trees provide ecosystem services to people
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
Video: Vasectomy

For a complete list of videos, visit our video library