« previous next »

Author Question: Which of the following would cause a leftward shift in the demand curve for a good? A) an ... (Read 39 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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Evolutionary shift in plant life cycle stage dominance. Evolutionary shift in plant life cycle stage dominance.
Oxygen dissociation curve Oxygen dissociation curve
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
The horizontal phase shift of the resultant graph is The horizontal phase shift of the resultant graph is
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library