If buyers’ value for bicycles decrease ,the demand curve for bicycles will ______.1 pointShift to the leftNot changeWe can’t sayShift to the right

Question 4A decrease in the price of butter will _________ the demand for margarine, a substitute for butter.1 pointNot changeWe can’t sayIncreaseDecrease

An increase in the price of milk, an input in the production of cheese, will _________ the supply of cheese. 1 pointIncreaseNot changeWe can’t sayDecrease

A decrease in the demand for a product x        resulted in a decrease in the demand for        another product Y. the demand for x and y is *

Find the Z-value with an area of 0.7134 under the standard normal curve to its right.

Because competitive firms face a downward-sloping demand curve, their marginal revenue curve lies the demand curve. (Enter one word in each blank.)