POLI 4020 Chapter : PowerPoint 2
Document Summary
Econ 2000 midterm: katie is planning to sell her house, and she is considering making two upgrades to the house before listing it for sale. Replacing the carpeting will cost her ,500 and replacing the roof will cost her. Quantity demanded by michelle by laura by hillary. If the market consists of michelle, laura, and hillary and the price falls by , the quantity demanded in the market increases by: 2 units, 3 units, 4 units, 5 units. Suppose that the federal government is concerned about obesity in the united. One would require junk food producers to include warning labels on all junk food. The other would impose a tax on all products considered to be junk food. Section: recent forest fires in the western states are expected to cause the price of lumber to rise in the next six months.
