Holy shit, /biz/, I hope I'm coming to the right place. I'm trying to accomplish some econ homework from a day where I was out, and reached this question.
Can any of you all tell me what this means? The online notes have nothing of the sorts related to it.
>>1094494
5) government creates supply to undercut the freemarket
>>1094494
demand goes up but production stays the same. really horrible question but 4) is the most correct.
>>1094494
3.
>>1094515
"increase in demand" in basic econ implies a rightward shift in the demand curve, a la pic related.
>>1094494
google "income elasticity of demand"
>>1094494
Your degree, worthless just that you know, will be. And even more stupid and worthless, the supply demand question is. Yeesssssss.
>>1094533
Degrees signal. They rarely increase human capital.
It's not even like the guy said he's getting an econ degree. He's just taking a fucking econ class.
>>1094494
The answer is 3.
BTW this is EZ as fuck basic economics, so you must be pretty dumb.
>>1094494
5) the Fed, Jews, gold, and the Illuminati.
>>1094543
Idk anon. Considering the answers in this thread, apparently it's hard.
>>1094537
Signal cannot be found in econ class and worthless suplly demand jargon
>>1094557
I dont' think you know what you're trying to not talk about.
Lol how dumb are you?
>>1094494
VHS AP Econ senpai, I took it.
The wording and the questions are autist-tier and I couldn't handle it after 16 weeks.
Both increase or "3)"
