Exam 4: Demand and Supply

-The above figures show the market for HD televisions.Blu-ray players can be used to play HD movies.If the price of blu-ray players falls,then which figure shows the effect of this change in the market for HD televisions?

(Multiple Choice)

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Question 121

-In the above figure,the shift in the supply curve from S to S₂ reflects

(Multiple Choice)

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Question 122

Which of the following increases the quantity supplied of compact discs but does NOT increase the supply of compact discs?

(Multiple Choice)

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Question 123

-The above figure shows the market for pizza.The market is in equilibrium when new pizza firms enter the market.What point represents the most likely new price and quantity?

(Multiple Choice)

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Question 124

Suppose the price of leather used to produce shoes increases.The higher price of leather the supply of shoes and the supply curve of shoes .

(Multiple Choice)

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Question 125

-The graph illustrates the market for computers.If the number of buyers of computers increases and technology advances,you predict that the

(Multiple Choice)

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Question 126

A technological improvement lowers the cost of producing corn.As a result,the price of a pound of corn and the quantity of corn .

(Multiple Choice)

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Question 127

Suppose that over the next few years the demand for dancing to country and western music decreases.Hence,at country and western dance clubs the equilibrium price of admission and the equilibrium quantity of dancing .

(Multiple Choice)

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Question 128

-The above figure shows the market for pizza.The market is in equilibrium when people learn that eating pizza helps prevent heart disease.What point represents the most likely new price and quantity?

(Multiple Choice)

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Question 129

If the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward,then

(Multiple Choice)

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Question 130

The price of cotton clothing falls.As a result,

(Multiple Choice)

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Question 131

People consume more soup as temperatures falls.So,as cold weather approaches,

(Multiple Choice)

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Question 132

Which of the following is true?

(Multiple Choice)

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Question 133

-The figure above shows the market for iPods.Which of the following shifts the demand curve from D₀ to D₂?

(Multiple Choice)

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Question 134

The law of supply reflects the fact that

(Multiple Choice)

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Question 135

-Which figure above shows the effect if research is published claiming that eating pizza is healthy?

(Multiple Choice)

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Question 136

Assume a competitive market is in equilibrium.There is an increase in demand,but no change in supply.As a result the equilibrium price ,and the equilibrium quantity .

(Multiple Choice)

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Question 137

Other things remaining the same,the quantity of a good or service demanded will increase if the price of the good or service

(Multiple Choice)

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Question 138

Changes in which of the following factors do NOT shift the demand curve?

(Multiple Choice)

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Question 139

Which of the following increases the supply of gasoline?

(Multiple Choice)

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Question 140

Showing 121 - 140 of 334

-The above figures show the market for HD televisions.Blu-ray players can be used to play HD movies.If the price of blu-ray players falls,then which figure shows the effect of this change in the market for HD televisions?

-In the above figure,the shift in the supply curve from S to S₂ reflects

Which of the following increases the quantity supplied of compact discs but does NOT increase the supply of compact discs?

-The above figure shows the market for pizza.The market is in equilibrium when new pizza firms enter the market.What point represents the most likely new price and quantity?

Suppose the price of leather used to produce shoes increases.The higher price of leather the supply of shoes and the supply curve of shoes .

-The graph illustrates the market for computers.If the number of buyers of computers increases and technology advances,you predict that the

A technological improvement lowers the cost of producing corn.As a result,the price of a pound of corn and the quantity of corn .

Suppose that over the next few years the demand for dancing to country and western music decreases.Hence,at country and western dance clubs the equilibrium price of admission and the equilibrium quantity of dancing .

-The above figure shows the market for pizza.The market is in equilibrium when people learn that eating pizza helps prevent heart disease.What point represents the most likely new price and quantity?

If the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward,then

The price of cotton clothing falls.As a result,

People consume more soup as temperatures falls.So,as cold weather approaches,

Which of the following is true?

-The figure above shows the market for iPods.Which of the following shifts the demand curve from D₀ to D₂?

The law of supply reflects the fact that

-Which figure above shows the effect if research is published claiming that eating pizza is healthy?

Assume a competitive market is in equilibrium.There is an increase in demand,but no change in supply.As a result the equilibrium price ,and the equilibrium quantity .

Other things remaining the same,the quantity of a good or service demanded will increase if the price of the good or service

Changes in which of the following factors do NOT shift the demand curve?

Which of the following increases the supply of gasoline?

Getting Started

The U.S.and Global Economies

The Economic Problem

Elasticities of Demand and Supply

Efficiency and Fairness of Markets

Government Actions in Markets

Taxes

Global Markets in Action

Externalities

Public Goods and Common Resources

Markets with Private Information

Consumer Choice and Demand

Production and Cost

Perfect Competition

Monopoly

Monopolistic Competition

Oligopoly

Markets for Factors of Production

Economic Inequality

Filters

Exam 4: Demand and Supply

-The above figures show the market for HD televisions.Blu-ray players can be used to play HD movies.If the price of blu-ray players falls,then which figure shows the effect of this change in the market for HD televisions?

-In the above figure,the shift in the supply curve from S to S₂ reflects

Which of the following increases the quantity supplied of compact discs but does NOT increase the supply of compact discs?

-The above figure shows the market for pizza.The market is in equilibrium when new pizza firms enter the market.What point represents the most likely new price and quantity?

Suppose the price of leather used to produce shoes increases.The higher price of leather ________ the supply of shoes and the supply curve of shoes ________.

-The graph illustrates the market for computers.If the number of buyers of computers increases and technology advances,you predict that the

A technological improvement lowers the cost of producing corn.As a result,the price of a pound of corn ________ and the quantity of corn ________.

Suppose that over the next few years the demand for dancing to country and western music decreases.Hence,at country and western dance clubs the equilibrium price of admission ________ and the equilibrium quantity of dancing ________.

-The above figure shows the market for pizza.The market is in equilibrium when people learn that eating pizza helps prevent heart disease.What point represents the most likely new price and quantity?

If the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward,then

The price of cotton clothing falls.As a result,

People consume more soup as temperatures falls.So,as cold weather approaches,

Which of the following is true?

-The figure above shows the market for iPods.Which of the following shifts the demand curve from D₀ to D₂?

The law of supply reflects the fact that

-Which figure above shows the effect if research is published claiming that eating pizza is healthy?

Assume a competitive market is in equilibrium.There is an increase in demand,but no change in supply.As a result the equilibrium price ________,and the equilibrium quantity ________.

Other things remaining the same,the quantity of a good or service demanded will increase if the price of the good or service

Changes in which of the following factors do NOT shift the demand curve?

Which of the following increases the supply of gasoline?

Getting Started

The U.S.and Global Economies

The Economic Problem

Elasticities of Demand and Supply

Efficiency and Fairness of Markets

Government Actions in Markets

Taxes

Global Markets in Action

Externalities

Public Goods and Common Resources

Markets with Private Information

Consumer Choice and Demand

Production and Cost

Perfect Competition

Monopoly

Monopolistic Competition

Oligopoly

Markets for Factors of Production

Economic Inequality

Filters

Suppose the price of leather used to produce shoes increases.The higher price of leather the supply of shoes and the supply curve of shoes .

A technological improvement lowers the cost of producing corn.As a result,the price of a pound of corn and the quantity of corn .

Suppose that over the next few years the demand for dancing to country and western music decreases.Hence,at country and western dance clubs the equilibrium price of admission and the equilibrium quantity of dancing .

Assume a competitive market is in equilibrium.There is an increase in demand,but no change in supply.As a result the equilibrium price ,and the equilibrium quantity .