PLEASE LOOK CAREFULLY I DID NOT UNDERSTAND PLS 10..Supply is _____, when all other influences on...
PLEASE LOOK CAREFULLY I DID NOT UNDERSTAND PLS
10..Supply is _____, when all other influences on buying plans remain the same.
A. the relationship between the quantity supplied of a good and the cost of the inputs used to produce it
B. the is the quantity of a good that producers would be willing to sell if costs were lower
C. the relationship between the quantity supplied of a good and the price of the good
D. the quantity of a good that producers plan to sell
12..
An increase in the demand for pasta and an increase in the supply of pasta occur together.
What is the effect on the price and quantity of pasta?
An increase in the demand for pasta together with an increase in the supply of
pasta ______ create a surplus or a shortage of pasta at the original price.
............................
The equilibrium price of pasta
______.
A.
will not; will fall
B.
will not; will not change
C.
might; will rise
D.
might; might fall, rise, or not change
...............
The equilibrium quantity of pasta _______.
A.
increases or decreases but we don't know for sure
B.
increase
C.
decrease
D.
increases if the price rises and decreases if the price falls
Homework Answers
10 - Option C
Supply refers to the relationship between the quantity the seller is willing to supply and the price at which it is ready to supply.
There is direct relationship between them.
11 - Option B
It will neither create deficit nor the shortage of pasta.
As the demand and supply both increase , the price will not change.
12 - Option B
The equilibrium quantity will increase
Add Answer to:
PLEASE LOOK CAREFULLY I DID NOT UNDERSTAND
PLS
10..Supply is _____, when all other influences on...
An increase in the demand for sports cars and an increase in the supply of sports...
An increase in the demand for sports cars and an increase in the supply of sports cars occur together. What is the effect on the price and quantity of sports cars? create a surplus or a shortage of An increase in the demand for sports cars together with an increase in the supply of sports cars_ sports cars at the original price. The equilibrium price of sports cars O A. will not; will not change O B. might; will rise...
when all other influences on expenditure plans remain the same. Aggregate demand is the relationship between...
when all other influences on expenditure plans remain the same. Aggregate demand is the relationship between the quantity of demanded and the OA. real GDP, price level O B. nominal GDP, interest rate O C. real GDP; exchange rate O D. nominal GDP, quantity of output supplied What is stagflation and why does cost-push inflation cause stagflation? Stagflation is a combination of a in the price level and in real GDP O A. rise; a decrease O B. fall; a...
1. When an economist states the supply of a product has decreased, he or she has...
1. When an economist states the supply of a product has decreased, he or she has concluded that a. a smaller quantity will be produced at every point b. the price is too high for equilibrium c. a greater quantity will be produced at every price. d. the price is too low for equilibrium e. demand was too high for producers to make a profit 2. If quantity supplied exceeds quantity demanded, a. a shortage exists and the price will...
Week 3 - Market Equilibrium Please explain the answer to the following true or false questions....
Week 3 - Market Equilibrium Please explain the answer to the following true or false questions. Surplus is the quantity supplied If there is a surplus of a good its price rises, skeds the quartz clem If both demand and supply curves shift rightward then equilibrium quantity increases. quantity demanded equals the quantity supplere Ah increase in demand lowers the equilibrium price in the market. Equilibrium Price is the price at which the If demand increases and supply increases the...
The table shows the demand and supply schedules for magazines. Complete the following sentences. The equilibrium...
The table shows the demand and supply schedules for magazines. Complete the following sentences. The equilibrium price of a magazine is 4and the equilibrium quantity is 150 magazines a week. Price (dollars per Quantity demanded Quantity supplied 3.00 3.50 4.00 4.50 5.00 160 155 150 145 140 138 144 150 156 161 Now a fall in the price of a newspaper decreases the quantity demanded by 11As the market returns to equilibrium, the quantity demandedand the magazines a week at...
27) Suppose we observe a rise in the prics ot sold. Which one of the following...
27) Suppose we observe a rise in the prics ot sold. Which one of the following is a likely explanation und an ncease n thr qantity of good A bought a 2 A) The demand for A increased. B) The supply of A increased C) The demand for A decreased. D) The supply of A decreased. E) The law of demand is violated. Tp 28) 28) Suppose we observe a fall in the price of gu and sold. Which one...
Please help with these questions, 1.Which statement(s) are most likely correct about supply? Use letters in...
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...
please answer all the multiple choices 16 through 20 d a decrease in the supply of...
please answer all the multiple choices 16 through 20
d a decrease in the supply of leftuce an increase in the price and a decrease in the quanitity demanded Assume that pink salmon is a normal good and consumers income increases You accurately predict that in the market for pink salmon, there will be a an increase in the demand of pink salmon, an increase in the price and an increase in quantity supplied b an increase in the quantity...
1. If demand deceases and supply remains constant, what happens to the market equilibrium? A. Quantity...
1. If demand deceases and supply remains constant, what happens to the market equilibrium? A. Quantity and price both rise. B. neither price or quantity will change C. Quantity and price both fall. D. Quantity rises and price falls. 2. A positive statement is A. an opinion B. a value judgement. C. can be shown to be correct or incorrect. D. based upon what can be demonstrated to be true. 3. If a technology change reduces a company's production costs,...
Please help with these questions, Question 17 0.16 pts During the winter months, many elderly people...
Please help with these questions,
Question 17 0.16 pts During the winter months, many elderly people leave their homes in northern New York and travel south to Florida or Arizona. What would we expect to happen to the equilibrium price and quantity of items most used by the elderly in northern New York? One would increase and one would decrease, but we don't know which would do what O They would both increase. O The price would decrease and the...
An increase in the demand for sports cars and an increase in the supply of sports cars occur together. What is the effect on the price and quantity of sports cars? create a surplus or a shortage of An increase in the demand for sports cars together with an increase in the supply of sports cars_ sports cars at the original price. The equilibrium price of sports cars O A. will not; will not change O B. might; will rise...
when all other influences on expenditure plans remain the same. Aggregate demand is the relationship between the quantity of demanded and the OA. real GDP, price level O B. nominal GDP, interest rate O C. real GDP; exchange rate O D. nominal GDP, quantity of output supplied What is stagflation and why does cost-push inflation cause stagflation? Stagflation is a combination of a in the price level and in real GDP O A. rise; a decrease O B. fall; a...
Week 3 - Market Equilibrium Please explain the answer to the following true or false questions. Surplus is the quantity supplied If there is a surplus of a good its price rises, skeds the quartz clem If both demand and supply curves shift rightward then equilibrium quantity increases. quantity demanded equals the quantity supplere Ah increase in demand lowers the equilibrium price in the market. Equilibrium Price is the price at which the If demand increases and supply increases the...
The table shows the demand and supply schedules for magazines. Complete the following sentences. The equilibrium price of a magazine is 4and the equilibrium quantity is 150 magazines a week. Price (dollars per Quantity demanded Quantity supplied 3.00 3.50 4.00 4.50 5.00 160 155 150 145 140 138 144 150 156 161 Now a fall in the price of a newspaper decreases the quantity demanded by 11As the market returns to equilibrium, the quantity demandedand the magazines a week at...
27) Suppose we observe a rise in the prics ot sold. Which one of the following is a likely explanation und an ncease n thr qantity of good A bought a 2 A) The demand for A increased. B) The supply of A increased C) The demand for A decreased. D) The supply of A decreased. E) The law of demand is violated. Tp 28) 28) Suppose we observe a fall in the price of gu and sold. Which one...
please answer all the multiple choices 16 through 20
d a decrease in the supply of leftuce an increase in the price and a decrease in the quanitity demanded Assume that pink salmon is a normal good and consumers income increases You accurately predict that in the market for pink salmon, there will be a an increase in the demand of pink salmon, an increase in the price and an increase in quantity supplied b an increase in the quantity...
Please help with these questions,
Question 17 0.16 pts During the winter months, many elderly people leave their homes in northern New York and travel south to Florida or Arizona. What would we expect to happen to the equilibrium price and quantity of items most used by the elderly in northern New York? One would increase and one would decrease, but we don't know which would do what O They would both increase. O The price would decrease and the...
Most questions answered within 3 hours.
-
Problem: Patient Fees C++
You are to write a program that computes a patient’s bill for...
asked 8 minutes ago -
In a population of interest, we know that, 77% drink coffee, and
23% drink tea. Assume...
asked 35 minutes ago -
Given that f(x) = e-(x-1) for x > 1, determine the following
probabilities:
a) P(X <...
asked 19 minutes ago -
A mechanic pushes a 2.60 ✕ 103-kg car from rest to a speed of v,
doing...
asked 21 minutes ago -
International information systems result in all of the following
except:
A. improved quality of information flow....
asked 15 minutes ago -
The president of the retailer Prime Products has just approached
the company’s bank with a request...
asked 22 minutes ago -
If the carrying amount is $200,000 and recoverable amount is
$205000, the impairment amount is:
Select...
asked 26 minutes ago -
The correlation is inappropriate as a measure of association
between two quantitative variables (you may select...
asked 31 minutes ago -
USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 19 – 24
(Assume all account...
asked 34 minutes ago -
Mahaley, Inc., manufactures and sells two products: Product Q9
and Product F0. Data concerning the expected...
asked 49 minutes ago -
To measure the current through one branch of a parallel circuit,
the meter is connected ________....
asked 52 minutes ago -
a)
The following table shows the profile, by the math section of
the SAT Reasoning Test,...
asked 1 hour ago