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

Author Question: A decrease in demand for a good could mean that a. consumers are willing to pay a higher price for ... (Read 89 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
A decrease in demand for a good could mean that
 a. consumers are willing to pay a higher price for each quantity of the good
  b. consumers are willing to buy larger quantities of the good at each price
  c. the demand curve has undergone a parallel shift to the right
  d. the demand curve has undergone a nonparallel shift to the right
  e. the demand curve has shifted to the left

Question 2

If we say that demand has increased, we mean that there has been
 a. a leftward movement along the demand curve
  b. a rightward movement along the demand curve
  c. a leftward shift of the demand curve
  d. a rightward shift of the demand curve
  e. an increase in the slope of the demand curve



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

E

Answer to Question 2

D




geodog55

  • Member
  • Posts: 530
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

For a complete list of videos, visit our video library