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 73 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?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Species richness increases with island size. Species richness increases with island size.
More young men than women live in their parents’ homes, though the proportion for both decreases ... More young men than women live in their parents’ homes, though the proportion for both decreases ...
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library