This topic contains a solution. Click here to go to the answer

Author Question: Suppose Lorna will buy more sweaters if the price of sweaters rises. She is violating the a. law of ... (Read 103 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Suppose Lorna will buy more sweaters if the price of sweaters rises. She is violating the
 a. law of supply
  b. law of increasing costs
  c. law of large numbers
  d. law of diminishing costs
  e. law of demand

Question 2

Which of the following varies along a given demand curve?
 a. consumer preferences
  b. prices of substitutes
  c. prices of complements
  d. the price of the good itself
  e. income



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

E

Answer to Question 2

D





 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library