Homework Answers
Ans16) the correct option is d) the supply curve for laptops shifts to the left
Ans17) the correct option is c) constant returns to scale
Ans18) the correct option is d) only B &C
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QUESTION 16 How does an increase in the price of laptop memory chips affect the market...
pls answer all QUESTION 27 A risk premium is a the difference between the earnings of...
pls answer all
QUESTION 27 A risk premium is a the difference between the earnings of a low risk asset and a high risk asset b. premium paid to a security holder to compensate him for bearing a higher risk c. both A&B d. none of the above QUESTION 28 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 left b. The demand curve...
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...
QUESTION 36 Suppose the demand for pens increases and the supply for pens decreases. What effect...
QUESTION 36 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? O a. None b. Uncertain c. It will fall O d. It will rise QUESTION 37 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 d. only...
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...
How will shift right in supply affect equilibrium price, assuming demand remains constant? a. increase b....
How will shift right in supply affect equilibrium price, assuming demand remains constant? a. increase b. decrease c.will not affect it d. cannot be determined According to the law of demand, if the price of a good decreases, its Qd? a. decreases b. increases c. goes to zero d. stays constant According to the income effect, price changes equal changes in? a. money income b.real income c.demand d. utility on the demand curve a chance in price leads a. no...
The graph above shows the market for laptop computers. Suppose the price of memory chips used...
The graph above shows the market for laptop computers. Suppose
the price of memory chips used in laptop computers decreases. How
will this event impact on the equilibrium quantity and the market
price?
A. The supply decreases, causing the equilibrium
quantity to fall and the market price to rise.
B. The supply increases, causing the equilibrium
quantity to fall and the market price to rise.
C. The supply increases, causing the equilibrium
quantity to rise and the market price to...
m y : 39 minutes, 32 seconds Question Completion Status: QUESTION 38 If long run average...
m y : 39 minutes, 32 seconds Question Completion Status: QUESTION 38 If long run average costs are constant with respect to output, you have a Increasing returns to scale b. Decreasing returns to scale c. Constant returns to scale d. None of the above QUESTION 39 After the housing bubble burst, consumer confidence plummeted and housing sales dropped to all time lows. This caused the demand curve for normal goods to shift a. to the left b. to the...
2. Suppose people who are thinking about buying a home (demanders in the housing market) and...
2. Suppose people who are thinking about buying a home (demanders in the housing market) and current home owners who are thinking about selling their homes (suppliers in the housing market) suddenly believe that home prices are likely to be significantly higher next year than this year. a. Will this change in expectations cause the demand curve for housing this year to shift to the left or shift to the right? Explain. b. Will this change in expectations cause the...
Question 8 The theory of liquidity preference implies that an increase in the price level shifts...
Question 8 The theory of liquidity preference implies that an increase in the price level shifts the Not yet answered Marked out of 2.00 Flag question Select one: a money demand curve to the right, so the interest rate decreases. b. money demand curve to the left, so the interest rate decreases. 0 C. money demand curve to the right, so the interest rate increases. 0 d. money demand curve to the left, so the interest rate increases. Question 9...
20. In the bond market, the bond demanders are the and the bond suppliers are the...
20. In the bond market, the bond demanders are the and the bond suppliers are the A) lenders: borrowers B) lenders, advancers C) borrowers; lenders D) borrowers, advancers 21. The demand curve for bonds has the usual downward slope, indicating that at prices of the bond, everything else equal, the is higher. A) higher; demand B) higher, quantity demanded C) lower; demand D) lower; quantity demanded 22. Everything else held constant, if interest rates are expected to fall in the...
pls answer all
QUESTION 27 A risk premium is a the difference between the earnings of a low risk asset and a high risk asset b. premium paid to a security holder to compensate him for bearing a higher risk c. both A&B d. none of the above QUESTION 28 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 left b. The demand curve...
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...
QUESTION 36 Suppose the demand for pens increases and the supply for pens decreases. What effect will it have on the equilibrium price for pens? O a. None b. Uncertain c. It will fall O d. It will rise QUESTION 37 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 d. only...
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...
The graph above shows the market for laptop computers. Suppose
the price of memory chips used in laptop computers decreases. How
will this event impact on the equilibrium quantity and the market
price?
A. The supply decreases, causing the equilibrium
quantity to fall and the market price to rise.
B. The supply increases, causing the equilibrium
quantity to fall and the market price to rise.
C. The supply increases, causing the equilibrium
quantity to rise and the market price to...
m y : 39 minutes, 32 seconds Question Completion Status: QUESTION 38 If long run average costs are constant with respect to output, you have a Increasing returns to scale b. Decreasing returns to scale c. Constant returns to scale d. None of the above QUESTION 39 After the housing bubble burst, consumer confidence plummeted and housing sales dropped to all time lows. This caused the demand curve for normal goods to shift a. to the left b. to the...
2. Suppose people who are thinking about buying a home (demanders in the housing market) and current home owners who are thinking about selling their homes (suppliers in the housing market) suddenly believe that home prices are likely to be significantly higher next year than this year. a. Will this change in expectations cause the demand curve for housing this year to shift to the left or shift to the right? Explain. b. Will this change in expectations cause the...
Question 8 The theory of liquidity preference implies that an increase in the price level shifts the Not yet answered Marked out of 2.00 Flag question Select one: a money demand curve to the right, so the interest rate decreases. b. money demand curve to the left, so the interest rate decreases. 0 C. money demand curve to the right, so the interest rate increases. 0 d. money demand curve to the left, so the interest rate increases. Question 9...
20. In the bond market, the bond demanders are the and the bond suppliers are the A) lenders: borrowers B) lenders, advancers C) borrowers; lenders D) borrowers, advancers 21. The demand curve for bonds has the usual downward slope, indicating that at prices of the bond, everything else equal, the is higher. A) higher; demand B) higher, quantity demanded C) lower; demand D) lower; quantity demanded 22. Everything else held constant, if interest rates are expected to fall in the...
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