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Author Question: The law of supply states that, holding other factors constant, as price increases a. Quantity ... (Read 92 times)

theo

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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



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Expo

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Answer to Question 1

a

Answer to Question 2

c




theo

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


momolu

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Reply 3 on: Yesterday
Gracias!

 

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