BUS 111
State University Of New York - Stony Brook
All 1 results
Sort by
-
BUS 111-Ch03 Demand and Supply.Multiple Choice Questions
- Exam (elaborations) • 13 pages • 2021
-
- $9.39
- + learn more
BUS 111-Ch03 Demand and Supply. Multiple Choice Questions 
 
1. The downward slope of the demand curve again illustrates the pattern that as 
_____________ rises, _________________ decreases. 
A. quantity demanded, price 
B. quantity supplied, quantity demanded 
C. price, quantity demanded 
D. price, quantity supplied 
Answer: C Reference: 
Explanation: 
2. The nature of demand indicates that as the price of a good increases: 
A. suppliers wish to sell less of it. 
B. more of it is produced. 
C....
And that's how you make extra money
Did you know that on average a seller on Stuvia earns $82 per month selling study resources? Hmm, hint, hint. Discover all about earning on Stuvia