Author Question: How does an increase in income affect the market for iPads (normal good)? a. The demand curve for ... (Read 121 times)

kfurse

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How does an increase in income affect the market for iPads (normal good)?
 a. The demand curve for iPads shifts to the right
  b. The demand curve for iPads shifts to the left
  c. The supply curve for iPads shifts to the right
  d. The supply curve for iPads shifts to the left

Question 2

At a fair carnival roulette wheel, a player can either win 10, 30, or 80 . If it costs 40 to play, would an individual gain or lose from playing the game
 a. Gain
 b. Lose
 c. Breakeven-neither gain nor lose
  d. None of the above



bookworm410

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Answer to Question 1

a

Answer to Question 2

c



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