A product falls at the same time supply rises

Assignment Help Microeconomics

Reference no: EM13294497

If demand for a product falls at the same time supply rises, which of the following might we expect?

Equilibrium price and quantity sold would fall.

Equilibrium price would fall, and equilibrium quantity could either rise or fall.

Both the equilibrium price and the equilibrium quantity could rise or fall.

Equilibrium price would rise, and the equilibrium quantity could rise or fall.

Reference no: EM13294497

Questions Cloud

How far did the last car travel : A train is traveling up a 5.0 degrees incline at a speed of 2.65 m/s when the last car breaks free and begins to coast without friction. How far did the last car travel before momentarily coming to rest

What does the correlation between the returns imply : compute the average, variance, standard deviation, and correlation between the returns for these stocks. What does the correlation between the returns imply for a portfolio containing both stocks?

How much charge is transported as a result of the charging : A constant current of 3 A for 4 hours is required to charge an automotive battery. If the terminal voltage is 10+ t/2 ,where t is in hours, a) How much charge is transported as a result of the charging

Explain what mass of melamine c3n3(nh2)3 of urea : What mass of melamine, C3N3(NH2)3 will be obtained from 178.5 kg of urea, CO(NH2)2 if the yield overall reaction is 83.0%

A product falls at the same time supply rises : If demand for a product falls at the same time supply rises, which of the following might we expect?

Find the drift speed in the electron beam : a 100mA current flows through a copper wire 0.10mm in diameter, a 1.0mm diameter glass tube containing a salt solution, and a vacuum tube, Find the drift speed in the electron beam

What is its pretax cost of debt : If Kose's cost of equity is 15.5 percent, what is its pretax cost of debt? (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

State oxygen to produce carbon dioxide and water : Propane (C3H8) is burned in oxygen to produce carbon dioxide and water. The heat of combustion of propane is -2012 kJ/mole. How much heat is given off when 3.0 mol C3H8 are reacted with 10.0 mol O2

What is the maximum speed of the elevator : You are designing an elevator for a hospital. The force exerted on a passenger by the floor of the elevator is not to exceed 1.57 times the passenger's weight. What is the maximum speed of the elevator

User Account

All Pages