The law of demand states that, ceteris paribus:
A.as price goes down, quantity demanded goes down.
B.demand will shift according to changes in tastes, expectations, or income.
C.as price goes down, quantity demanded goes up.
D.demand for a good will be opposite to supply.
Â
Which of the following could shift the demand curve to the left?
A.A new technological breakthrough allows the good to be made more cheaply.
B.More people are entering the market.
C.The price of the good increases.
D. The price of a substitute good falls.
Â
If the minimum wage is set above the equilbirium wage, what do we expect to happen?
A.Wages and unemployment will fall.
B.Wages will rise and unemployment will fall.
C.Wages will fall and unemployment will rise.
D.Wages and unemployment will rise.
E.There will be no effect.
Answers
Status NEW
Posted 11 Jul 2017 11:07 PM
My Price 5.00
-----------
Attachments
file 1499817723-Solutions file.docx preview (51 words )
S-----------olu-----------tio-----------ns -----------fil-----------e
-----------Hel-----------lo -----------Sir-----------/Ma-----------dam-----------
T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e q-----------uic-----------kly----------- on-----------lin-----------e a-----------nd -----------giv-----------e y-----------ou -----------exa-----------ct -----------fil-----------e a-----------nd -----------the----------- sa-----------me -----------fil-----------e i-----------s a-----------lso----------- se-----------nt -----------to -----------you-----------r e-----------mai-----------l t-----------hat----------- is----------- re-----------gis-----------ter-----------ed -----------onÂ----------- th-----------is -----------web-----------sit-----------e
-----------Tha-----------nk -----------you-----------
-----------
Not Rated(0)