If an analyst were confident that all factors that shift the supply curve were constant while...
If an analyst were confident that all factors that shift the supply curve were constant while some factors shift the demand curve when observing changing prices and quantities traded:
|
a. |
the analyst would be confident that the demand curve had been identified. |
|
b. |
neither the supply nor the demand curve would have been identified. |
|
c. |
the analyst should gather more data to find shifts in both curves. |
|
d. |
both the supply and demand curves would have been identified. |
|
e. |
the analyst would be confident that the supply curve had been identified. |
Homework Answers
- Both the supply and demand curves would have been identified.
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