Question

eenote stal toute Which of the folgof your fom is n The depreciation on the The fue buy tos the us ) The neest yu eared n your savings before you tused diem to bnay the t 1.31 Wlhuch of the following statemsents about supply cU リ!he "Law of iupply', state, that ks price rises, quantity supplied sho me, 8) If the mapnal cost of producing a gused is higher at high levels of ouspas then at low levela oi output, then the supply curve for thast good i upward slopang a) and b) are true D) Neither ) not b) e e 1 32 When deciding how much of a pariculat gnod to pdscs,a producer shmald A) Keep poducing mote units untsl the total benelits equal the total coss 8) Always produce an addicional unit if price is grester than marginal c Never produce an sddaonal unut if its marginal cost is higher than the maiginal cost of previously produced units D) Always produce at additsional unt if price is greates than seo 1.33. Which of the following is NOT a determinant of the supply of good 3X3 A) The cost of inputs used to produce good X B) The rechnology used to produce X The number of sellers of good X. D) All of the above ate determinants of the supply of good x 1.34 A decrease in supply is, graphically, represented by A) A lefrward shif in the supply curve B) A righrward shift in the supply curve. C) A movement up and to the right along a supply curve D) A movement down and to the left along a supply curve 1.35. Which of the following statements about inferiot goods in/are FALSE L Inferior gonds are those that we will nevet buy, no tmattet how cheap they ate I1. Inferior goods are those that we buy more of, if we becoime poorer I11. Infenor goods are those that we buy more of, if we becume richer I only B) Ill only I and III only L. II, and II1 136 Which of the following statements about demand curves is TRU A) IE prdice falls and quanity demanded increases, this is represetihed by s movement along a B) If price falle snd quantiry demanded increase, dhis is represented by a shuit of the demand ff price falls and quantity demanded incresses, this can be repiesented by either a moen D None of the above are true en demand curve curve along a given deimand curve, or a shift of the demand curve