40. Chapter 4
Which of the following would NOT affect an individual's demand curve? Explain why.
a. |
expectations |
|
b. |
income |
|
c. |
price of related goods |
|
d. |
the number of buyers |
An individuals demand curve is not affected by the following:-
- The number of buyers in the market
option(D)
40. Chapter 4 Which of the following would NOT affect an individual's demand curve? Explain why....
Which of the following help to explain why the aggregate demand curve slopes downward? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. When the domestic price level rises, our goods and services become more expensive to foreigners When government spending rises, the price level falls There is an inverse relationship between consumer expectations and personal taxes When the price level rises, the real value of...
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...
Indicate which of the following will cause a movement along a demand curve. Which will shift the demand curve to the left? Which will shift the demand curve to the right? Will demand increase or decrease? DRAG AND DROP TO MATCH. MATCH LETTERS TO NUMBERS e.g. 1A, 2B, 3F, 4C, 5E 1. An increase in the price of the good 2. An increase in income for a normal good 3. A decrease in the price of a substitute good 4....
Which of the following changes would NOT shift the aggregate demand curve? Select one: a. a change in monetary policy b. a change in expectations about future income c. an increase in technology d. a change in fiscal policy
Which of the following would NOT shift the demand curve for coffee? The price of doughnuts (a complement to coffee) decreases. The adult population increases so there are more buyers in the market for coffee. O Consumer income increases. O The price of coffee increases.
Which of the following events could have caused the demand curve to shift? Figure 2.5 Price $10- 0 2 4 6 5 10 Quantity 75. (Figure 2.5) Which of the following events could have caused the demand curve to shift? I. The price of a substitute good decreased. II. The price of a complement good increased. III. The income of consumers increased. IV. The number of buyers in the market increased. A) B) C) D) I, II, III and IV...
Indicate how you think each of the following would shift demand in the indicated market: a. The incomes of buyers in the market for used Ford Fusions decreases. The demand curve would [ (Click to select) b. Buyers in the market for pizza read a study linking pepperoni consumption to weight gain. The demand curve would (Click to select) c. Buyers in the market for gas-powered cars learn of a decrease in the price of electric cars (a substitute for...
2. (Chapter 5 - Income Effect) Give two reasons why the increase in income would affect the demand for money. Would this also affect interest rate? Draw an appropriate diagram to explain.
2. (Chapter 5 - Income Effect) Give two reasons why the increase in income would affect the demand for money. Would this also affect interest rate? Draw an appropriate diagram to explain.
Explain how each of the following events would affect the long-run aggregate supply curve. a. A lower price level (5 points) b. A decrease in the labor force (5 points) c. A decrease in the quantity of capital goods (5 points) d. Technological change (5 points) e. An unexpected decrease in the price of an important raw material (5 points)