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Author Question: A change in a relevant factor other than the price of the good itself causes a ________ the demand ... (Read 60 times)

jman1234

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on: Jul 1, 2018
A change in a relevant factor other than the price of the good itself causes a ________ the demand curve, and a change in a good's own price causes a ________ the demand curve.
 
  A) shift of; shift of
  B) shift of; movement along
  C) movement along; shift of
  D) movement along; movement along

Question 2

Under what circumstances will the residual supply curve for a country be upward sloping?
 
  A) when it does not import any of the good from the rest of the world
  B) when it imports a small portion of the rest of the world's supply of the good
  C) when it imports a large portion of the rest of the world's supply of the good
  D) Either A or B


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pami445

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

B

Answer to Question 2

C


jman1234

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Reply #2 on: Jul 1, 2018
Correct answers!


pami445

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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