Homework Help is Here – Start Your Trial Now!
Business
Economics
Which of the following would cause a shift in the demand curve for notebooks. Select one: O a. Lecturers putting lecture notes online. O b. A fall in the price of notebooks. O c. A fall in the cost of printing. O d. A rise in the price of notebooks. O e. A rise in the cost of printing.

Which of the following would cause a shift in the demand curve for notebooks. Select one: O a. Lecturers putting lecture notes online. O b. A fall in the price of notebooks. O c. A fall in the cost of printing. O d. A rise in the price of notebooks. O e. A rise in the cost of printing.

Microeconomics: Private and Public Choice (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter3: Demand, Supply, And The Market Process
Section: Chapter Questions
Problem 2CQ
See similar textbooks
icon
Related questions
Question

Can you answer please?

Which of the following would cause a shift in the demand curve for notebooks. Select one: O a. Lecturers putting lecture notes online. O b. A fall in the price of notebooks. O c. A fall in the cost of printing. O d. A rise in the price of notebooks. O e. A rise in the cost of printing.
Transcribed Image Text:Which of the following would cause a shift in the demand curve for notebooks. Select one: O a. Lecturers putting lecture notes online. O b. A fall in the price of notebooks. O c. A fall in the cost of printing. O d. A rise in the price of notebooks. O e. A rise in the cost of printing.
Maureen's college raises the cost of room and board per semester. This increase raises Maureen's opportunity cost of attending college O a. only if the amount she would have to pay for room and board if she didn't attend college rose by less than the increase in the amount her college charges. An increase in opportunity cost reduces Maureen's incentive to attend college. O b. even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount. An increase in opportunity cost reduces Maureen's incentive to attend college. O . even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount. An increase in opportunity cost increases Maureen's incentive to attend college. d. only if the amount she would have to pay for room and board if she didn't attend college rose by less than the increase in the amount her college charges. An increase in opportunity cost increases Maureen's incentive to attend college.
Transcribed Image Text:Maureen's college raises the cost of room and board per semester. This increase raises Maureen's opportunity cost of attending college O a. only if the amount she would have to pay for room and board if she didn't attend college rose by less than the increase in the amount her college charges. An increase in opportunity cost reduces Maureen's incentive to attend college. O b. even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount. An increase in opportunity cost reduces Maureen's incentive to attend college. O . even if the amount she would have to pay for room and board if she didn't attend college rose by the same amount. An increase in opportunity cost increases Maureen's incentive to attend college. d. only if the amount she would have to pay for room and board if she didn't attend college rose by less than the increase in the amount her college charges. An increase in opportunity cost increases Maureen's incentive to attend college.
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Microeconomics: Private and Public Choice (MindTa…
Microeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506893
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Principles of Microeconomics
Principles of Microeconomics
Economics
ISBN:
9781305156050
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
SEE MORE TEXTBOOKS