« previous next »

Author Question: Which of the following would cause a leftward shift in the demand curve for a good? A) an ... (Read 46 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?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Evolutionary shift in plant life cycle stage dominance. Evolutionary shift in plant life cycle stage dominance.
A Dose-Response Curve A Dose-Response Curve
The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ... The learning and retention of the mirrordrawing task by H.M. Despite his good retention of the task, ...
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Nuts are also a good source of dietary fibre Nuts are also a good source of dietary fibre
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Video: Blood Pressure Measurement

For a complete list of videos, visit our video library