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Ans36) the correct option is d) it will rise
Ans37) the correct option is d) only B&C
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QUESTION 36 Suppose the demand for pens increases and the supply for pens decreases. What effect...
QUESTION 16 How does an increase in the price of laptop memory chips affect the market...
QUESTION 16 How does an increase in the price of laptop memory chips affect the market of laptops? a. The supply curve for laptops shifts to the right b. The demand curve for laptops shifts to the right c. The demand curve for laptops shifts to the left d. The supply curve for laptops shifts to the left QUESTION 17 If long run average costs are constant with respect to output, you have a. Increasing returns to scale b. Decreasing...
Suppose the demand for Tesla cars decreases and the supply for pens increases. What effect will...
Suppose the demand for Tesla cars decreases and the supply for pens increases. What effect will it have on the equilibrium price for Tesla cars? a. There will be no change b. Uncertain c. It will fall d. It will rise
QUESTION 29 You operate a small poultry farm in east Texas. You sell most of your output through a regional distrib...
QUESTION 29 You operate a small poultry farm in east Texas. You sell most of your output through a regional distributor of poultry products in the area. In this case, you are subject to a Low buyer power b High buyer power c No buyer power d. All of the above QUESTION 30 A recent medical study shows that peanuts are one of the leading causes of high cholesterol. This would cause the demand for peanuts to a Shift to...
QUESTION 13 According to the indifference principle housing prices a tend to converge over time b tend to leave in...
QUESTION 13 According to the indifference principle housing prices a tend to converge over time b tend to leave individuals indifferent about where they live c. only tend to be different to compensate individuals for differences in living conditions od only B&C QUESTION 14 You operate a small poultry farm in east Texas. You sell most of your output through a regional distributor of poultry products in the area. In this case, you are subject to a Low buyer power...
21. When demand increases and supply decreases in a market at the same time, you can accurately predict their effec...
21. When demand increases and supply decreases in a market at the same time, you can accurately predict their effect on a. equilibrium quantity only. b. equilibrium price only.. c. both equilibrium price and quantity. d. neither one, life is so unpredictable. 22. Equilibrium price must decrease if: a. demand increases and supply increases b. demand increases and supply decreases c. demand decreases and supply decreases d. demand decreases and supply increases 23. Equilibrium price must increase if: a. demand...
d. Only A&B QUESTION 26 All of these could be sources of economies of scale except...
d. Only A&B QUESTION 26 All of these could be sources of economies of scale except a. A bottleneck procedure b. Investment in more efficient technology c. Discounts on bulk purchase of inputs d. Specialization QUESTION 27 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? a. None b. It will rise c. It will fall d. Uncertain QUESTION 28 A rising average cost implies that...
Please help with these questions Question 36 0.4 pts When you change your quantity demanded of...
Please help with these questions
Question 36 0.4 pts When you change your quantity demanded of one good because of a change in price of another good, you are acting according to the principle of income elasticity of demand. O price elasticity of demand. O cross-price elasticity of demand O price elasticity of supply O income elasticity of supply Question 37 0.4 pts Assume that the market for baseballs is in equilibrium. There is a sudden decrease in income throughout...
pls answer all QUESTION 17 All these are characteristics of a monopoly except a Controls a...
pls
answer all
QUESTION 17 All these are characteristics of a monopoly except a Controls a large share of the market b. There is one seller of the product c. Controls a small share of the market d Has few substitutes QUESTION 18 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? a It will fall b. It will rise c. Uncertain od None QUESTION 19...
36) What would happen in the red apple market if the price of golden apples decreases?...
36) What would happen in the red apple market if the price of golden apples decreases? 36) A) The demand for red apples would increase B) The quantity demanded of red apples would increase C) The demand for red apples would fall. D) Nothing, they are separate and unrelated commodities. 37) Market demand shows: 37) A) the quantity of a good that one seller will sell at a given price B) the quantity of a good that one buyer will...
Demand-pull inflation can start when O A. unemployment is above the natural rate O B. aggregate supply decreases....
Demand-pull inflation can start when O A. unemployment is above the natural rate O B. aggregate supply decreases. O C. people incorrectly forecast inflation. O D. input costs rise. O E. aggregate demand increases. Read the news clip, then answer the following question. Pakistan: Is it Cost-Push Inflation? Pakistan is experiencing inflation With CPI already spiking 11.8 percent for the first ten months of the fiscal year, the average CPI inflation for the same period last year stood at 22.35...
QUESTION 16 How does an increase in the price of laptop memory chips affect the market of laptops? a. The supply curve for laptops shifts to the right b. The demand curve for laptops shifts to the right c. The demand curve for laptops shifts to the left d. The supply curve for laptops shifts to the left QUESTION 17 If long run average costs are constant with respect to output, you have a. Increasing returns to scale b. Decreasing...
QUESTION 29 You operate a small poultry farm in east Texas. You sell most of your output through a regional distributor of poultry products in the area. In this case, you are subject to a Low buyer power b High buyer power c No buyer power d. All of the above QUESTION 30 A recent medical study shows that peanuts are one of the leading causes of high cholesterol. This would cause the demand for peanuts to a Shift to...
QUESTION 13 According to the indifference principle housing prices a tend to converge over time b tend to leave individuals indifferent about where they live c. only tend to be different to compensate individuals for differences in living conditions od only B&C QUESTION 14 You operate a small poultry farm in east Texas. You sell most of your output through a regional distributor of poultry products in the area. In this case, you are subject to a Low buyer power...
21. When demand increases and supply decreases in a market at the same time, you can accurately predict their effect on a. equilibrium quantity only. b. equilibrium price only.. c. both equilibrium price and quantity. d. neither one, life is so unpredictable. 22. Equilibrium price must decrease if: a. demand increases and supply increases b. demand increases and supply decreases c. demand decreases and supply decreases d. demand decreases and supply increases 23. Equilibrium price must increase if: a. demand...
d. Only A&B QUESTION 26 All of these could be sources of economies of scale except a. A bottleneck procedure b. Investment in more efficient technology c. Discounts on bulk purchase of inputs d. Specialization QUESTION 27 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? a. None b. It will rise c. It will fall d. Uncertain QUESTION 28 A rising average cost implies that...
Please help with these questions
Question 36 0.4 pts When you change your quantity demanded of one good because of a change in price of another good, you are acting according to the principle of income elasticity of demand. O price elasticity of demand. O cross-price elasticity of demand O price elasticity of supply O income elasticity of supply Question 37 0.4 pts Assume that the market for baseballs is in equilibrium. There is a sudden decrease in income throughout...
pls
answer all
QUESTION 17 All these are characteristics of a monopoly except a Controls a large share of the market b. There is one seller of the product c. Controls a small share of the market d Has few substitutes QUESTION 18 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? a It will fall b. It will rise c. Uncertain od None QUESTION 19...
36) What would happen in the red apple market if the price of golden apples decreases? 36) A) The demand for red apples would increase B) The quantity demanded of red apples would increase C) The demand for red apples would fall. D) Nothing, they are separate and unrelated commodities. 37) Market demand shows: 37) A) the quantity of a good that one seller will sell at a given price B) the quantity of a good that one buyer will...
Demand-pull inflation can start when O A. unemployment is above the natural rate O B. aggregate supply decreases. O C. people incorrectly forecast inflation. O D. input costs rise. O E. aggregate demand increases. Read the news clip, then answer the following question. Pakistan: Is it Cost-Push Inflation? Pakistan is experiencing inflation With CPI already spiking 11.8 percent for the first ten months of the fiscal year, the average CPI inflation for the same period last year stood at 22.35...
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