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May 23, 2024, 01:11:08 pm

Author Topic: The question that made us think of coblin  (Read 3327 times)  Share 

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Collin Li

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Re: The question that made us think of coblin
« Reply #15 on: June 14, 2008, 05:39:12 pm »
For whoever put D, i'm sorry but you are unfortunately incorrect. "Entrepreneurs increase production" is more of an after-effect for D > S.



Increasing production is a bit like increasing population, but I think the better answer is C.

Addy

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Re: The question that made us think of coblin
« Reply #16 on: June 16, 2008, 11:58:35 pm »
12 is definently C.
Demand increases supply is most similar to population increases because it's the fundamentally the same thing.
Think of population as "demand", and the supply as "food".

It is not D because if entreprenuers increase production, it means that the supply or "food" is being increased, (meaning, according to the chart, that demand decreases)

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Re: The question that made us think of coblin
« Reply #17 on: June 17, 2008, 04:37:08 pm »
C is also the obvious answer, if you go right its the first one you come across.