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

Author Question: An increase in the price of a substitute shifts the demand curve to the _______ a. right b. left c. ... (Read 23 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

c


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
:D TYSM

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Sivapithecus is a Miocene ape (middle) with anatomical similarities to orangutans (left) rather than Sivapithecus is a Miocene ape (middle) with anatomical similarities to orangutans (left) rather than
According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ... According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ...
Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective. Anatomy of the heart. Remember: It is labeled right and left based on the patient’s perspective.
Hand position for the cradle. Overlap the last three fingers of your left hand on the last three ... Hand position for the cradle. Overlap the last three fingers of your left hand on the last three ...
identical (left) and fraternal (right) twins identical (left) and fraternal (right) twins
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Causes of Acne

For a complete list of videos, visit our video library