subject
Social Studies, 19.03.2020 21:10 shadekashakay

On a microeconomic demand curve, a decrease in price causes an increase in quantity demanded because the product in question is now relatively less expensive than substitute products. Explain why aggregate demand does not increase for the same reason in response to a decrease in the aggregate price level. In other words, what causes total spending to increase if it is not because goods are now cheaper

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 21.06.2019 15:00
Eric suffered a blow to his head during a fight, and found that afterward he was unable to hear. it is likely that his lobe was injured.
Answers: 3
question
Social Studies, 21.06.2019 22:00
How did the russian revolution impact world war l ?
Answers: 2
question
Social Studies, 22.06.2019 14:30
At 3476 kilometer the moon's diameter is slightly less than the distance across from what
Answers: 1
question
Social Studies, 22.06.2019 23:30
In what region did the industrial revolution began
Answers: 1
You know the right answer?
On a microeconomic demand curve, a decrease in price causes an increase in quantity demanded because...
Questions
question
Mathematics, 03.12.2020 03:00
question
Computers and Technology, 03.12.2020 03:00