Chapter 24 econ exam 3 - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Chapter 24 econ exam 3? On this page you'll find 11 study documents about Chapter 24 econ exam 3.
Page 2 out of 11 results
Sort by
-
Econ 101 Final exam ( latest update ) Graded A+
- Exam (elaborations) • 1 pages • 2021
-
- $12.99
- + learn more
Econ 101 Final exam 
 
1.	A change in the price of a good has two effects on quantity demanded; these are 
A.	the income effect and the utility effect. 
B.	the substitution effect and the utility effect. 
C.	the indifference effect and the substitution effect. 
D.	the income effect and the substitution effect. 
E.	the indifference effect and the income effect. 
 
 
 
 
 
 
 
2.	Assume that the technology used by firms improves. As a result, supply shifts from	to	and the equilibrium price moves f...
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