Multiple Choice
Changes in population can
A) alter the supply of a good or service in an area.
B) shift the supply curve of a good or service in an area.
C) cause the price of a good or service to increase in an area but cannot cause the price to decrease.
D) cause the price of a good or service to decrease in an area but cannot cause the price to increase.
E) shift the demand curve of a good or service in an area.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Many consumer items eventually go out of
Q9: Inputs are<br>A) goods that are used together.<br>B)
Q10: As computers and Internet access have become
Q11: When a new movie is released,typically every
Q12: When supply shifts to the right and
Q14: Macroeconomists often say,"The reason we have inflation
Q15: Shoes are considered to be a normal
Q16: The change in an equilibrium value is
Q17: The difference between a tax and a
Q18: Draw a graph showing the following:<br>a.a positive