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

Author Question: The law of supply states that, holding other factors constant, as price increases a. Quantity ... (Read 125 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jul 1, 2018
The law of supply states that, holding other factors constant, as price increases
 a. Quantity supplied increases
 b. Quantity supplied decreases
 c. Quantity demanded increases
  d. Quantity demanded decreases

Question 2

You raise your product price by 10 in market A but leave it unchanged in market B. Sales in A fall from 840 to 740 units per week while sales in B rise from 770 to 790 units. The Difference-in-difference estimate of the effect of the price change is:
 a. 80 units
 b. 100 units
  c. 120 units
  d. 140 units


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Expo

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

c


theo

  • Member
  • Posts: 698
Reply 2 on: Jul 1, 2018
:D TYSM

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

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?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

tongue states tongue states
Cohabitation in the United States Cohabitation in the United States
Risk Factors for NSAID-Induced Gastrointestinal Ulcers Risk Factors for NSAID-Induced Gastrointestinal Ulcers
States that require licensing or certification. Graphic provided by Associated Bodywork & ... States that require licensing or certification. Graphic provided by Associated Bodywork & ...
Examples of low and high Entropy states Examples of low and high Entropy states
Nutrias native to South America are abundant in freshwater marshes of the Gulf States. Their populat Nutrias native to South America are abundant in freshwater marshes of the Gulf States. Their populat
Video: What is an ecosystem?

For a complete list of videos, visit our video library