Exam 4: Demand and Supply
Exam 1: Getting Started347 Questions
Exam 2: The Usand Global Economies211 Questions
Exam 3: The Economic Problem282 Questions
Exam 4: Demand and Supply334 Questions
Exam 5: Elasticities of Demand and Supply342 Questions
Exam 6: Efficiency and Fairness of Markets361 Questions
Exam 7: Government Actions in Markets335 Questions
Exam 8: Global Markets in Action281 Questions
Exam 9: Externalities: Pollution, education, and Health Care297 Questions
Exam 10: Production and Cost274 Questions
Exam 11: Perfect Competition285 Questions
Exam 12: Monopoly384 Questions
Exam 13: Monopolistic Competition and Oligopoly313 Questions
Exam 14: Gdp: a Measure of Total Production and Income263 Questions
Exam 15: Jobs and Unemployment293 Questions
Exam 16: The Cpi and the Cost of Living273 Questions
Exam 17: Potential Gdp and Economic Growth330 Questions
Exam 18: Money and the Monetary System370 Questions
Exam 19: Aggregate Supply and Aggregate Demand313 Questions
Exam 20: Fiscal Policy and Monetary Policy222 Questions
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Bagels and cream cheese are complementary goods.Suppose that the price for flour,which is used to produce bagels,increases.The equilibrium price of cream cheese ________,and the equilibrium quantity of cream cheese ________.
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For consumers,taco chips and salsa are complements.If the price of salsa rises,what is the effect on the equilibrium price and quantity of taco chips?
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-The above figures show the market for HD televisions.If the technology used to produce these televisions advances so that productivity increases,which figure shows the effect of this change?

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Researchers have found a hybrid of corn that is cheaper to grow.This technological breakthrough
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Changes in which of the following factors do NOT shift the demand curve?
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The quantity supplied of a good,service,or resource is ________ during a specified period and at a specified price.
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-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?

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There are five hundred buyers in the market for cheese.If we know each individual's demand curves,to find the market demand,we must
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Hot dogs and hot dog buns are complements.If the price of a hot dog falls,then
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Mulch is shredded wood and is a by-product in the production of lumber.Because these two goods are produced together,they are
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-In the above figure,the shift in the supply curve from S to S2 reflects

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-The graph illustrates the supply of sweaters.Which of the following events will increase the supply of sweaters?

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-Which figure above shows the effect of an increase in the cost of the tomato sauce used to produce pizza?

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Which of the following is true regarding demand?
I.Demand is the relationship between quantity demanded and the price of a good when all other influences on buying plans remain the same.
Ii.Demand refers to one quantity at one time.
Iii."Demand" and "quantity demanded" are the same thing.
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Suppose the equilibrium price of movie tickets is $10.If the supply curve for movies shifts ________,the equilibrium price will ________.
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Kiwis and strawberries are substitutes for consumers.An increase in the price of a kiwi coupled with an increase in the number of strawberry growers ________ the equilibrium price of a pound of strawberries and ________ the equilibrium quantity of strawberries.
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Which of the following describes the law of demand? When other things remain the same,as
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