This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If both supply and demand decrease by the same amount, the equilibrium price (Read 95 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
on: May 24, 2019
If both supply and demand decrease by the same amount, the equilibrium price
◦ does not change.
◦ rises.
◦ falls.
◦ cannot be predicted.
◦ None of the answers is correct because the price depends on what happens to the equilibrium quantity.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fnuegbu on May 24, 2019

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


fnuegbu

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: May 24, 2019
TY


yasmin

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: May 24, 2019
You're welcome


« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Check heat source for temperature. Evaluate the amount of heat given off from the source using your ... Check heat source for temperature. Evaluate the amount of heat given off from the source using your ...
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Electrical changes in the heart

For a complete list of videos, visit our video library