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

Author Question: If people believe that prices are going to be higher in the future then they are today, they will ... (Read 35 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
If people believe that prices are going to be higher in the future then they are today, they will
 a. wait until the future to purchase the things they wand
  b. decrease their demand now
  c. increase their demand now
  d. increase their supply now
  e. save more today so they have the income to buy more in the future

Question 2

If there is a shortage in the market for jeans,
 a. producers' inventories will increase
  b. the price should begin to rise
  c. the demand curve will shift to restore equilibrium in the market
  d. the supply curve will shift to restore equilibrium in the market
  e. producers expect government to impose a price ceiling


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mochi

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


bclement10

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
Excellent

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

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

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
A propaganda poster enshrining Stalin proclaims that he has led his people “Forward to ... A propaganda poster enshrining Stalin proclaims that he has led his people “Forward to ...
Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ... Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ...
The limbic system is located within the higher brain, or cerebrum. The limbic system is located within the higher brain, or cerebrum.
Teaching Today's Health, 10th Edition Teaching Today's Health, 10th Edition
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library