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

Author Question: A product can be classified as an inferior good if an increase in the income causes a. A decrease ... (Read 83 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jul 1, 2018
A product can be classified as an inferior good if an increase in the income causes
 a. A decrease in the quantity demanded
  b. A decrease in demand
 c. An increase in demand
 d. An increase in the quantity demanded.

Question 2

If the Union threatens a strike, what is the firm's best response?
 a. Bargain hard
 b. Accommodate
  c. Run
 d. Hide


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


stock

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
Excellent

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ... The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ...
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Video: Allergic Rhinitis

For a complete list of videos, visit our video library