QUESTION If both S and D shift to the right... 4 answers Recommended textbook explanations Macroeconomics 21st EditionCampbell R. McConnell, Sean M. Flynn, Stanley L. Brue 545 explanations Microeconomics 8th EditionDaniel Rubinfeld, Robert Pindyck 111 explanations Microeconomics 21st EditionCampbell R. McConnell, Sean M. Flynn, Stanley L. Brue
Liza needs to buy a textbook for the next economics class. The price at the college bookstore is $65. Liza finds the textbook online at two sites. The first website offers it for $55 and the second site for $57.
You choose to purchase your textbooks online through Chegg rather than paying a higher price for the same books through your college bookstore. 2. On your spring break trip, your budget is limited to $35 a day. 3.
The individual who brings together economic resources and assumes the risk in a capitalist economy is called the: entrepreneur. Approximately what percentage of U.S. firms are sole proprietorships? 72 percent. gives private individuals and corporations the right to own productive resources. Over half of U.S. consumer expenditures are for what?
D. the supply curve will shift to the left and the demand curve to the right, eliminating the shortage.
Supply will increase because the technological advance allows the tire manufacturers to produce more tires using the same amount of inputs. b. Supply will decrease because there are fewer firms in the industry. c. Supply will decrease because the increase in the price of rubber results in an increase in production costs.
as interest rates increase, the demand for money decreases
Money determines the relative values of goods and services
how much a bank is required to hold of a deposit is dictated by the Federal Reserve
a. The income you would have earned on the job and the valuable on-the-job experience you would have acquired
4. The opportunity cost of an item—what you must give up in order to get it—is its true cost.
2.People must make choices because resources are scarce.
Mary trades in real paper assets that involves buying and selling of stocks and mutual funds. She is a major shareholder and the CEO of a large corporation. She needs capital to expand the company. Mary can raise capital by issuing bonds . This will assure lenders that Mary's company will repay the loan.
William had taken a student loan to pursue a degree in electrical engineering. However, after completing his degree, William missed several payments. Due to this problem, he went into default. Although William's loan servicer is helping him manage the situation, William's failure to repay the loan will hurt his credit food rating.
A. The insurance costs would differ based upon the equity index.