Multiple Choice
Scientists discover that an asteroid is headed toward Earth and the force of its impact, expected in a matter of weeks, will wipe out all human life. What will happen to the demand for cancer screenings?
A) It would increase because everyone would want to make sure they don't have cancer before they die.
B) There would be no effect.
C) The price of the screenings would increase, but the quantity demanded would stay the same.
D) It would decrease because people wouldn't care anymore if they had cancer.
Correct Answer:

Verified
Correct Answer:
Verified
Q99: An inferior good is one that:<br>A) is
Q100: If the price of _ rises, all
Q101: An increase in demand is a movement
Q102: Firms are willing and able to sell
Q103: Use the following to answer questions:<br>Figure: Supply
Q105: Figure: Oil Market <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3377/.jpg" alt="Figure: Oil
Q106: Joe runs a landscape company and uses
Q107: Figure: Demand <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3377/.jpg" alt="Figure: Demand
Q108: Which variable does NOT shift the demand
Q109: A market has a supply equation as