A rightward shift of the demand curve for computer programmers will result in a shift in...
A rightward shift of the demand curve for computer programmers
will result in a
shift in the supply curve for programmers and an increase in the
price of computer programs
movement along the supply curve for computer programs
movement along the supply curve for computer programmers and a
shift in the supply curve for computer programs
movement along the supply curve for programmers and a decrease in
the price of computer programs
Homework Answers
A rightward shift in the demand curve for computer programmers will result in an increase in the wage rate of computer programmers. (Note that the shift causes a movement along the supply curve of computer programmers)
An increase in the wage rate of computer programmers increases the cost of production of computer programs and thus shifts the supply curve of computer programs to the left.
A leftward shift in the supply curve increases the price of computer programs.
Ans: movement along the supply curve for computer programmers and a shift in the supply curve for computer programs
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A rightward shift of the demand curve for computer programmers
will result in a
shift in...
what are the right answers Question 7 0/1 point A rightward shift in the supply curve...
what are the right answers
Question 7 0/1 point A rightward shift in the supply curve indicates a shift in the demand curve also (because demand must equal supply). that an increase in income results in an increase in the quantity demanded at each price. that more is demanded at each price. an increase in the quantity supplied at each price. a decrease in the quantity supplied at each price. Question 8 0/1 point Economists say there has been a...
If the price of a DVD falls, i. the demand curve for DVDs will shift rightward....
If the price of a DVD falls, i. the demand curve for DVDs will shift rightward. ii. the demand curve for DVDs will not shift. iii. there will be a movement along the demand curve for DVDs. Select one: A. i only d B. ii only C. iii only D. ii and i E. i and iii O Which of the following increases the supply of petrol? Select one: O A. A decrease in the price of a resource used...
Question 38 A contractionary fiscal policy is shown as a: rightward shift in the economy's aggregate...
Question 38 A contractionary fiscal policy is shown as a: rightward shift in the economy's aggregate demand curve. rightward shift in the economy's aggregate supply curve. movement along an existing aggregate demand curve. leftward shift in the economy's aggregate demand curve. Question 39 An appropriate fiscal policy for a severe recession is: a decrease in government spending. a decrease in tax rates. appreciation of the dollar. an increase in interest rates.
(leftward shift, no change, rightward shift) Effect on Demand Curve Scenario The incomes of consumers of...
(leftward shift, no change, rightward shift)
Effect on Demand Curve Scenario The incomes of consumers of inferior good Y decrease. What is the effect of the change in incomes on the market for good Y? Farmers are deciding what crop to plant and learn that the price of corn has fallen relative to the price of cotton. What is the effect of the changing prices of crops on the market for corn? Effect on Supply Curve
A rightward shift of the market demand curve for MP3 players, ceteris paribus, causes equilibrium Group...
A rightward shift of the market demand curve for MP3 players, ceteris paribus, causes equilibrium Group of answer choices a Price to increase and equilibrium quantity to decrease. b Price to increase and equilibrium quantity to increase. c Price to decrease and equilibrium quantity to decrease. d Price to decrease and equilibrium quantity to increase.
in the market for oranges suppose a left ward shift in supply causes an increase in...
in the market for oranges suppose a left ward shift in supply
causes an increase in the equilibrium price of oranges. the
movement from the original to the final equilowould entail
QUESTION9 In the market for oranges, suppose a leftward shift in supply causes an increase in the equilibrium price of oranges. The movement from the original to the final equilibrium would ental an increase in the demand for oranges as they become more scarce. As a result of the...
50. Ceteris paribus, the total demand for money curve will increase (shift rightward): A. if interest...
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Indicate which of the following will cause a movement along a demand curve. Which will shift...
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When the price level increases, aggregate planned expenditure decreases, which leads to A. a rightward shift...
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An increase in consumer incomes will lead to A. a movement upward along the demand curve...
An increase in consumer incomes will lead to A. a movement upward along the demand curve for plasma TVs. B. no change of the demand curve for plasma TVs. C. a rightward shift of the supply curve for plasma TVs. D. a rightward shift of the demand curve for plasma TVs.
what are the right answers
Question 7 0/1 point A rightward shift in the supply curve indicates a shift in the demand curve also (because demand must equal supply). that an increase in income results in an increase in the quantity demanded at each price. that more is demanded at each price. an increase in the quantity supplied at each price. a decrease in the quantity supplied at each price. Question 8 0/1 point Economists say there has been a...
If the price of a DVD falls, i. the demand curve for DVDs will shift rightward. ii. the demand curve for DVDs will not shift. iii. there will be a movement along the demand curve for DVDs. Select one: A. i only d B. ii only C. iii only D. ii and i E. i and iii O Which of the following increases the supply of petrol? Select one: O A. A decrease in the price of a resource used...
Question 38 A contractionary fiscal policy is shown as a: rightward shift in the economy's aggregate demand curve. rightward shift in the economy's aggregate supply curve. movement along an existing aggregate demand curve. leftward shift in the economy's aggregate demand curve. Question 39 An appropriate fiscal policy for a severe recession is: a decrease in government spending. a decrease in tax rates. appreciation of the dollar. an increase in interest rates.
(leftward shift, no change, rightward shift)
Effect on Demand Curve Scenario The incomes of consumers of inferior good Y decrease. What is the effect of the change in incomes on the market for good Y? Farmers are deciding what crop to plant and learn that the price of corn has fallen relative to the price of cotton. What is the effect of the changing prices of crops on the market for corn? Effect on Supply Curve
in the market for oranges suppose a left ward shift in supply
causes an increase in the equilibrium price of oranges. the
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50. Ceteris paribus, the total demand for money curve will increase (shift rightward): A. if interest rates increase. B. if nominal GDP decreases. C. if the price level decreases. D. if nominal GDP increases. 51. Ceteris paribus, the total demand for money curve will decrease (shift leftward): A. if interest rates increase. B. if nominal GDP decreases. C. if the price level increases. D. if nominal GDP increases. 52. Which of the following is correct? A. The asset (speculative) demand...
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