« previous next »

Author Question: Which of the following would cause a leftward shift in the demand curve for a good? A) an ... (Read 20 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jul 1, 2018
Which of the following would cause a leftward shift in the demand curve for a good?
 
  A) an increase in income
  B) an increase in the price of a complementary good
  C) an increase in the price of a substitute
  D) the expectation that there will be a shortage in the availability of the good

Question 2

In estimating short-run cost functions, one must adjust for
 
  A) price level changes.
  B) accounting procedure changes.
  C) product heterogeneity.
  D) All of the above


xthemafja

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jul 1, 2018
Thank you


xthemafja

  • Sr. Member
  • ****
  • Posts: 348
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ... Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Peanut butter is good source of protein Peanut butter is good source of protein
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library