Author Question: A rightward shift of the demand curve will lead to a(n) A) increase in equilibrium price. B) ... (Read 120 times)

clmills979 · **on:** Jul 1, 2018

A rightward shift of the demand curve will lead to a(n)

A) increase in equilibrium price.
B) excess demand at the old equilibrium price.
C) increase in quantity supplied.
D) All of the above.

Question 2

The theory of expected utility theory

A) predicts all actions involving uncertainty.
B) predicts no actions involving uncertainty.
C) predicts some, but not all, actions involving uncertainty.
D) predicts only one in three actions involving uncertainty.