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

Author Question: If demand increases and supply decreases, quantity will a. always increase b. always decrease c. ... (Read 61 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
If demand increases and supply decreases, quantity will
 a. always increase
  b. always decrease
  c. increase only if supply decreases more than demand increases
  d. increase only if supply decreases less than demand increases
  e. decrease only if supply decreases less than demand increases

Question 2

If both demand and supply increase, price will
 a. always increase
  b. always decrease
  c. increase only if supply increases more than demand does
  d. increase only if demand increases more than supply does
  e. decrease only if supply increases less than demand does


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

D


Bernana

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jul 1, 2018
Correct answers!


katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

(a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight (a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight
Exercise increases the heart rate. Exercise increases the heart rate.
Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Blood Supply to the Lungs Blood Supply to the Lungs
The original Supply and Demand graph The original Supply and Demand graph
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library