« previous next »

Author Question: If the market supply increases and, simultaneously, market demand decreases, the new equilibrium ... (Read 31 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
If the market supply increases and, simultaneously, market demand decreases, the new equilibrium will show:
 a. market price will decrease, and market quantity exchanged could increase, decrease, or remain unchanged.
  b. market price will increase, and market quantity exchanged will decrease.
  c. market price will increase, and the quantity exchanged could increase, decrease, or remain the same.
  d. market price could increase, decrease, or remain the same, and quantity exchanged will increase.
  e. market price will increase, decrease, or remain the same, and quantity exchanged will decrease.

Question 2

If market supply decreases and, simultaneously, market demand increases, the new equilibrium will show:
 a. market price will decrease, and market quantity exchanged will increase.
  b. market price will increase, and market quantity exchanged will decrease.
  c. market price will increase, and the quantity exchanged could increase, decrease, or remain the same.
  d. market price could increase, decrease, or remain the same, and quantity exchanged will increase.
  e. market price will increase, decrease, or remain the same, and quantity exchanged will decrease.


missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
Atmospheric pressure decreases as altitude increases. Atmospheric pressure decreases as altitude increases.
Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ... The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ...
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: Wound Cultures

For a complete list of videos, visit our video library