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Author Question: Which of the following would cause a leftward shift in the demand curve for a good? A) an ... (Read 45 times)

Sportsfan2111

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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

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

B

Answer to Question 2

D


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Sportsfan2111

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Reply #2 on: Jul 1, 2018
Thank you


xthemafja

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Reply #3 on: Jul 1, 2018
No problemo


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