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

Author Question: If demand increases and supply decreases, quantity will a. always increase b. always decrease c. ... (Read 84 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
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
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

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

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library