The price of productive resources is a determinant of... O A. demand OB. supply OC. scarcity O D. none of the above QUESTION 2 For normal goods which of the following explains why demand curves slope downward? O A. prices and income O B. substitutes and complements O C. resources and technology O D. substitution effect and income effect

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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QUESTION 1
The price of productive resources is a determinant of...
O A. demand
O B. supply
O C. scarcity
D. none of the above
QUESTION 2
For normal goods which of the following explains why demand curves slope downward?
O A. prices and income
B. substitutes and complements
OC.resources and technology
D. substitution effect and income effect
Transcribed Image Text:QUESTION 1 The price of productive resources is a determinant of... O A. demand O B. supply O C. scarcity D. none of the above QUESTION 2 For normal goods which of the following explains why demand curves slope downward? O A. prices and income B. substitutes and complements OC.resources and technology D. substitution effect and income effect
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