Can you plz help me with macroeconomics A) an employce in a factory B) the manager...
9.) Ceteris panbus, which of the following would not cause a change in the demand for mopeds? (A) A decrease in consumer incomes (B) A decrease in the price of mopeds (C) An increase in the price of bicycles (D) An increase in people's tastes and preferences for mopeds 10.) "Rising oil prices have caused a sharp decrease in the demand for oil." Speaking precisely, and using terms as they are defined by economists, choose the statement that best describes...
18. Two goods, X & Y, all called complements if a) An increase in Px causes more Y to be bought. b) An increase in Px causes less Y to be bought. c) An increase in Py causes less Y to be bought. d) An increase in income causes more of both X & Y to be bought. 19. If good X is a normal good and its price rises, then quantity demanded a) May or may not fall. b)...
11. Cameras and film are complements. If the price of cameras falls, ceteris paribus, a) The demand for cameras will increase. b) The quantity of film demanded will fall. c) The demand for film will rise d) The demand for film will fall. 12. When one moves along a demand curve, which of the following includes only variables that are assumed to be constant? Households' income, the price of the good, and tastes. a) b) Tastes, the number of buyers...
Question 1.5: Which arrow on the graph shows a change in Quantity Demanded? OA OB Both Check Answer Change in Demand vs. Quantity Demanded The distinction between a change in demand and a change in the quantity demanded is an important one. A change in the quantity demanded of a good is caused by a change in the price of the good, therefore, "all else equal" creates a ceteris paribus condition. As such, a change in the quantity demanded of...
Price Quantity Demanded 1) The above table shows Jeff's demand schedule for coffee per week. Use the table to draw Jeff's demand curve for coffee. Make sure to label the axes. Price Quantity Demanded 6 | 9 112 2) The above table shows Lorissa's demand schedule for coffee per week. Use the table to draw Lorissa's demand curve for coffee. Make sure to label the axes. Price Quantity Demanded 3) Use the space above the draw the market demand curve...
3) The law of demand includes the statement other things being equal." These other things include all of the following EXCEPT A) the price of related goods. B) incomes. tastes D) the price of the good itself. 3) John believes that when the price of a good increases people will purchase more of the good. This statement is A) consistent with the law of supply. B) consistent with the law of demand. referring to money prices. D) inconsistent with the...
The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different pr Table 3.1 Price per DVD Quantity Demanded 1 Quantity Demanded Quantity Demanded 2 25 15 30 35 55 23. Refer to Table 3.1. Calculate the market demand at prices $5, $4, S3, S2, and $1 respectively. a. Market demand is 30, 40, 50, 60, and 70 b. Market demand is 30, 60, 90, 120, and 150 c. Market demand is...
Please help with these questions, 1.Which statement(s) are most likely correct about supply? Use letters in alphabetical order to select options A A rise in price almost always leads to a decrease in the quantity supplied of that good. B A rise in price almost always leader to an increase in the quantity demanded of that good. C A rise in price almost always leads to an increase in the quantity supplied of that good. D A fall in price...
d ae everyhin e ingd Y w markplace e ndThey nof Marke The wing gwso rehoer e der ander whe ey p A wh d Marker nd is given an Qd eio a shnae od 60 a rplus of 60 a arplas of 30 a shortage of 30 Market rply in gem a Q3 o-P Marker demad is given as Od-100-2P Maket sgph is given as sP10 perfeey equilibrium, what will be price and quastity traded in the market price...
Why does demand not change when the price of a good changes with no change in the other influences on buying plans? Consider the demand for gym memberships The demand for gym memberships does not change when a change in occurs O A. the price of a gym membership O B. the population ° C, the expected future price of a gym membership O D. the price of bottled water (bottled water is a complement of a gym membership) An...