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

Author Question: An increase in demand will cause a(n) a. increase in supply b. decrease in supply c. decrease in ... (Read 137 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jul 1, 2018
An increase in demand will cause a(n)
 a. increase in supply
  b. decrease in supply
  c. decrease in quantity supplied
  d. increase in quantity supplied
  e. decrease in equilibrium price

Question 2

The effect of an increase in consumer income on equilibrium price and quantity of Florida orange juice (a normal good) is
 a. to increase equilibrium price and quantity
  b. to decrease equilibrium price and quantity
  c. to increase equilibrium price and decrease equilibrium quantity
  d. to increase equilibrium quantity and decrease equilibrium price
  e. that equilibrium price and quantity remain constant


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


P68T

  • Member
  • Posts: 509
Reply 2 on: Jul 1, 2018
Gracias!

tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Decrease in Fertility, 1800–1900 Decrease in Fertility, 1800–1900
Gossip and ridicule increase the status insecurity of this time of life. Gossip and ridicule increase the status insecurity of this time of life.
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library