Reference no: EM131112521
A movement along a demand curve can be attributed to a change in
1.the substitution effect of consuming a good
2.the demand for a good
3.the opportunity cost of producing a good.
4.the quantity demanded of a good
A shortage of textbooks is most likely to cause
1.an increase in the cost of printing
2.a decrease in the price of paper
3.a decrease in the supply of textbooks
4.an increase in the price of textbooks
If both demand and supply increases in a market that is initially in equilibrium, price will
1.remain unchanged while quantity will increase.
2.remain unchanged while quantity will decrease
3.increase only if supply increases more than demand
4.increase only if demand increases more than supply
|
Shift the demand curve for a normal good to the right
: Which of the following is likely to shift the demand curve for a normal good to the right? Which of these is likely to decrease the supply of leather jackets? Which of the following will indicate a shortage of a product in the market to suppliers?
|
|
Diversification is one strategy in portfolio management
: Diversification is one strategy in portfolio management to spread the normal market risks associated within the enterprise. Applying this to property management, can you cite examples of local or multi-national companies operating in the country (Phi..
|
|
To determine the consumer price index
: To determine the consumer price index (CPI)_____ Which of the following is true about the consumer price index (CPI) and the GDP price index? Real gross domestic product (GDP) shows
|
|
The benefits and losses to consumers
: What do you think have been the benefits and losses to consumers in the USA? Why? How do you think the international relations between the USA and China have been affected? Why?
|
|
Demand curve can be attributed to change
: A movement along a demand curve can be attributed to a change in. A shortage of textbooks is most likely to cause. If both demand and supply increases in a market that is initially in equilibrium, price will
|
|
Absolute advantage in coffee production
: Does the United States have an absolute advantage in coffee production with most countries? Explain. Could the United States have a comparative advantage in coffee production with another country? Explain.
|
|
What factors might contribute to low or high growth rates
: What factors might contribute to low or high growth rates in a country? How can sustainable long-run economic growth rate be realized? What are the roles of the government in achieving sustainable long-run economic growth? What is the relationship be..
|
|
Economist in competitive market-what will happen in long run
: Hank Yoon is the economist in a competitive market. The market price is $35 per item. The total cost equation is , and MC = 2 + Q. What level of output of items should you produce in the short run? What price should you charge in the short run? Will ..
|
|
Employment by sector-major industries and unemployment
: Carry out a research of RUSSIA's economy. minimum areas to discuss includes: the GDP, GDP by Sector, GDP per capita, employment by sector, major industries, unemployment, labor force by age, education, literacy rates, infrastructure, technology, war,..
|