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grodriguezz grodriguezz
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6 years ago
An increase in the price of a substitute shifts the demand curve to the _______
 a. right
 b. left
 c. it does not change the demand curve
  d. none of the above

QUESTION 2

Five possibilities are equally likely and have payoffs of 2, 4, 6, 8, and 10 . The expected value is:
 a. 4
  b. 5
  c. 6
  d. 7

QUESTION 3

The change in any factor other than ________ would shift the demand curve
 a. Weather
 b. interest rate
 c. Price
 d. all of the above

QUESTION 4

Four possibilities are equally likely and have payoffs of 2, 4, 6, and 8 . The expected value is:
 a. 5
  b. 6
  c. 7
  d. 8

QUESTION 5

After the housing bubble burst, consumer confidence plummeted and housing sales dropped to all-time lows. This caused the demand curve for normal goods to shift
 a. inwards
 b. outwards
 c. stay constant
 d. none of the above
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dfasdfadfasdfa
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#1
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6 years ago
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grodriguezz Author
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6 years ago
Correct Slight Smile TY
kiara23247843
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Yesterday
Smart ... Thanks!
sadiewolf
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2 hours ago
Helped a lot
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