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

Author Question: In the market for professional basketball, a. pro basketball teams are the suppliers and pro ... (Read 188 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
In the market for professional basketball,
 a. pro basketball teams are the suppliers and pro basketball players are the demanders
  b. pro basketball players are the suppliers and basketball fans are the demanders
  c. pro basketball players are the suppliers and pro basketball teams are the demanders
  d. pro basketball teams are the suppliers and basketball fans are the demanders
  e. basketball fans are the suppliers and pro basketball teams are the demanders

Question 2

In which of the following situations will the effect upon the equilibrium price of wheat be indeterminate?
 a. supply decreases and demand increases
  b. demand decreases and supply increases
  c. demand remains constant and supply increases
  d. supply decreases and demand decreases
  e. supply remains constant and demand increases



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juicepod

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

D

Answer to Question 2

D




jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library