« previous next »

Author Question: The impact of a 200 increase in income on quantity demanded would be called an income effect. a. ... (Read 65 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jul 1, 2018
The impact of a 200 increase in income on quantity demanded would be called an income effect.
 a. True
  b. False

Question 2

The substitution effect of a price change describes what happens to the shift in demand for a good when its price changes.
 a. True
  b. False


Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

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?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Animals of Hindustan monkeys called bandar that can be taught to do tricks Animals of Hindustan monkeys called bandar that can be taught to do tricks
Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an
Effect of pH on drug absorption: (a) A weak acid such as aspirin (ASA) is in a nonionized form in an ... Effect of pH on drug absorption: (a) A weak acid such as aspirin (ASA) is in a nonionized form in an ...
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
The Effect of Using PPP on Comparisons of GDP The Effect of Using PPP on Comparisons of GDP
Greenhouse Effect Greenhouse Effect
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library