Multiple Choice
During the last decade, the price of a computer fell every year and the quantity sold increased every year. This experience suggests that the
A) "law of demand" was definitely contradicted.
B) demand curve shifted rightward.
C) "law of supply" was definitely contradicted.
D) supply curve shifted rightward.
Correct Answer:
Verified
Correct Answer:
Verified
Q43: Changes in which of the following shifts
Q44: An unusually warm winter shifts the<br>A)demand curve
Q46: The price of a bag of corn
Q47: For normal goods, which of the following
Q49: The equilibrium quantity will decrease and the
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the figure
Q50: Which of the following is the BEST
Q51: If the quantity of textbooks supplied is
Q52: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -The figure above
Q53: When the demand for a good decreases,