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 41 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
Thanks for the timely response, appreciate it

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Adult stem cells offer hope for cell therapy to treat diseases in the future Adult stem cells offer hope for cell therapy to treat diseases in the future
IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br IQ and Genetics The closer the genetic relationship, the higher the correlation in IQ. Based on: Br
In 2006 an Iraqi tribunal convicted Saddam Hussein of murdering his own people and sentenced him to In 2006 an Iraqi tribunal convicted Saddam Hussein of murdering his own people and sentenced him to
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
People with binge eating disorder often eat in secret People with binge eating disorder often eat in secret
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library