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Author Question: An increase in the price of a substitute shifts the demand curve to the _______ a. right b. left c. ... (Read 40 times)

leo leo

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on: Jul 1, 2018
An increase in the price of a substitute shifts the demand curve to the _______
 a. right
 b. left
 c. it does not change the demand curve
  d. none of the above

Question 2

Five possibilities are equally likely and have payoffs of 2, 4, 6, 8, and 10 . The expected value is:
 a. 4
  b. 5
  c. 6
  d. 7


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janieazgirl

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

c


leo leo

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Reply 2 on: Jul 1, 2018
Gracias!

Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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