Microeconomics

The figure shows two different supply curves. At the point where they cross, ________ is more likely ...

Started by torybrooks

If the price of a a good increases by 10 percent and the quantity supplied increases by 5 percent, ...

Started by krzymel

If the quantity supplied increases by 8 percent when the price rises by 2 percent, the price ...

Started by awywial

If a firm supplies 200 units at a price of $50 and 100 units at a price of $40, using the midpoint ...

Started by big1devin

The price elasticity of supply equals the percentage change in the

Started by kfurse

When supply is perfectly inelastic, the supply curve is

Started by kellyjaisingh

When the price of a textbook is $95, the quantity of textbooks supplied is 90 million a year and ...

Started by maychende

Many manufactured goods have an ________ supply if production plans have only a short period to ...

Started by ssal

The greater the amount of time that passes after a price change, the

Started by @Brianna17

For a product with a rapidly increasing opportunity cost of producing additional units,

Started by Shelles

Goods that can be produced at a constant or very gently rising opportunity cost have

Started by FButt

The supply of beach front property on St. Simon's Island is

Started by nummyann

Because the price elasticity of supply for jumbo jets is 0.35, the supply of jumbo jets is

Started by ssal

If the quantity supplied and the price change by the same percentage, then supply is

Started by ereecah

If the price doubles and the quantity supplied also doubles, the price elasticity of supply for the good is

Started by gbarreiro

If the price of a good decreases from $9 to $6 and the quantity supplied decreases from 1,500 to ...

Started by newbem

If the price of a DVD falls from $20 to $12 and the quantity of DVDs supplied decreases from 118,000 ...

Started by imanialler

When the price of a product increases from $35 to $45, the quantity supplied increases from 30 units ...

Started by Beheh

Suppose an increase in demand causes the price to increase from $2 to $4 and the quantity to ...

Started by tichca

The price of one bedroom apartments in Cheyenne increased from $55,000 to $65,000 and the quantity ...

Started by audragclark

Jess owns a sandwich shop. The price of a sandwich recently increased from $5 to $7. Jess responded ...

Started by Melani1276

Suppose the current price of barley is $7 per bushel and at that price 100,000 bushels are grown by ...

Started by arivle123

If the price of corn increases by 20 percent and the quantity supplied of corn increases by 30 ...

Started by karateprodigy

The price of beef increased by 20 percent and the quantity supplied increased by 10 percent. The ...

Started by dejastew

The price of lumber increased by 10 percent and the quantity supplied increased by 20 percent. The ...

Started by stock