A recent medical study shows that peanuts are one of the leading causes of high cholesterol....
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 left |
|
|
b. |
Shift to the right |
|
|
c. |
go down the demand curve |
|
|
d. |
not change |
Cycling becomes very fashionable with millennials and every millennial wants a bike to be part of the new trend. Simultaneously, the price of the parts needed to make bikes falls. The demand curve for bikes would _________ and the supply curve would__________
|
a. |
Shift to the right, shift to the left |
|
|
b. |
shift to the left, shift to the right |
|
|
c. |
shift to the left, shift to the left |
|
|
d. |
shift to the right, shift to the right |
A sudden fall in the market demand in a competitive industry leads to
|
a. |
A short run market equilibrium price lower than the original equilibrium |
|
|
b. |
A market equilibrium price higher than the short run price |
|
|
c. |
Some firms exiting the market |
|
|
d. |
All of the above |
Homework Answers
a) the study will decrease the demand and shift the demand curve to the left, the new equilibrium will be at a lower price and lower output. the answer is "A".
b) "A"
Both the curve will shift to the right as the demand is increasing and supply will also increase as the goods are cheaper now.
c) "D"
all of the options are correct.
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A recent medical study shows that peanuts are one of the leading causes of high cholesterol....
QUESTION 21 A recent medical study shows that peanuts are one of the leading causes of...
QUESTION 21 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 go down the demand curve b. not change O c. Shift to the right d. Shift to the left
21. a recent medial study shows hat peanuts are one of the leading causes of high...
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A sudden fall in the market demand in a competitive industry leads to a. A short...
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The following graph shows the economy in long-run equilibrium atthe expected price level of 120...
The following graph shows the economy in long-run equilibrium at
the expected price level of 120 and the natural level of output of
$600 billion. Suppose a sudden and severe contraction in the
housing market reduces the value of homes and causes consumers to
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demand (AD) curve to show the short-run impact of
the housing market slump.In the short run, the decrease in consumption spending
associated with the housing...
How will shift right in supply affect equilibrium price, assuming demand remains constant? a. increase b....
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s Reler will happen in the long run? to Fgure 3 which shows an increasing-cost, perfectly...
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1. A decrease in interest rates will ___ the cost of acquiring funds for investment projects,...
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Econ hw please help thank you! NAN Print Last Name, First Name 6. In a self-regulating...
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the expected price level of 120 and the natural level of output of
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associated with the housing...
s Reler will happen in the long run? to Fgure 3 which shows an increasing-cost, perfectly competitive industry in short-run equilibrium. Which of the following A. The B. The C. The D. The short-run industry E. The short-run short-run industry supply curve (S) will shift to the right, and the ATC and MC curves will shift up short-run industry supply curve (S) will shift to the right, and the ATC and MC curves will shift down. short-run industry supply curve...
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