Posted by Meritsa on Saturday, November 27, 2010 at 6:03am.
Need - generators in a power outage.
Usually quality is demanded of a product, not quantity.
If you are referring to the Demand Curve of "Supply and Demand", product quality, product reviews (now easily found on the internet), and "word of mouth" affect the number sold, as do price and advertising.
A decrease in aggregate supply means:
A. Both the real domestic output and the price level would decrease
B. The real domestic output would increase and rises in the price level would become smaller
C. The real domestic output would decrease and the price level would rise
D. Both the real domestic output and rises in the price level would become greater
Related Questions
Economis - I have got an economics questions, and i did my personal revision by ...
Economics - As price falls along the elastic portion of a linear demand curve, ...
Economics - Beachfront resorts have inelastic supply, and automobiles have an ...
Economics - If demand is price elastic, total revenue is a.directly related to ...
economics - Beach front resorts have an inelastic supply and automobiles have an...
economics - The table shows the relationship for a hypothetical firm between its...
Managerial Economics - This is some HW for a Managerial Econ class. I've got...
economics - Two goods are complements when a decrease in the price of one good ...
economics - I know this might be basic.....but I am still not sure about subject...
Economics - We're looking at the market for cat food. When the price is $10...
For Further Reading
