MacroCH3quiz - Adam Thiede(username adamthiede Attempt 2...

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Adam Thiede (username: adamthiede) Attempt 2 Written: Feb 13, 2017 2:13 PM - Feb 13, 2017 2:45 PM Submission View Your quiz has been submitted successfully. on 1 1 / 1 point Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for laser printer ink cartridges? A) The demand curve for laser printer ink cartridges shifts to the left. B) The demand curve for laser printer ink cartridges shifts to the right. C) The quantity of laser printer ink cartridges demanded decreases. D) The quantity of laser printer ink cartridges demanded increases.
Questi on 2 1 / 1 point A ________ demand curve for shampoo would be caused by a change in the price of shampoo.
Questi on 3 0 / 1 point If the price of gasoline increases, what will be the impact in the market for public transportation?
Questi on 4 1 / 1 point By drawing a demand curve with price on the vertical axis and quantity on the horizontal axis, economists assume that the most important determinant of the demand for a good is
D) the price of the good. Questi on 5 1 / 1 point If an increase in income leads to in an increase in the demand for sushi, then sushi is A) a neutral good. B) a necessity. C) a normal good. D) a complement.

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