Answer Happy

Q1) An inferior good is defined as a good for which demand
decreases when:
Q2) Assumethat compact discs and compact disc players are
complements. When the price of compact disc players decreases:
Q3) If we observe that the price is rising in the sugar
market, it could be due to:
Q4) Suppose that there are only three consumers of a
product. At a price of $3 per unit, the first consumer would buy 6
units of the product, the second consumer would buy 5 units, and
the third consumer would buy 7 units of the product. If you drew a
market demand curve for this product, the quantity demanded at a
price of $3 would be:
Q5) Which of the following statements about fixed costs is
correct?
Q6) The additional cost resulting from a small increase in
some activity is called the ____
Q7)Indicate whether the statement
is true or false
In response to concerns about levels of indebtedness, if
households increase precautionary saving, then withdrawals from the
circular flow of income will increase.
Q8) Which of the following is a topic not directly under
macroeconomics?
{Choose your answer, only one answer is correct.}
Q9)Indicate whether the statement
is true or false
If consumers demand for more goods that are domestically
produced but total consumption does not change; then, withdrawals
from the circular flow of income will decrease
Q10) Indicate whether the statement
is true or false
When firms are anticipating a rise in consumer demand, borrow
more money in order to build up their stock, the injections into
the circular flow of income will increase.