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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: How can it be that people purchase more of a good while its price is rising?
Post by: Sublight2097 on Jun 20, 2015
How can it be that people purchase more of a good while its price is rising?
A) The supply curve must be shifting to the left.
B) The demand curve must be shifting to the right.
C) Supply and demand do not change.
D) It cannot happen, otherwise the law of demand is violated.


Title: Re: How can it be that people purchase more of a good while its price is rising?
Post by: Smoooth on Aug 12, 2015
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Title: Re: How can it be that people purchase more of a good while its price is rising?
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: How can it be that people purchase more of a good while its price is rising?
Post by: Smoooth on Aug 31, 2015
No problemo :-]