Multiple Choice
Use the figure below to answer the following questions.
Table 3.5.2
Demand and Supply Schedules for Cups of Coffee each day at CoolU
-Refer to Table 3.5.2.If the price is set at $0.80 per cup,there is ________ leading to a price ________.
A) a shortage;rise
B) a shortage;fall
C) a surplus;rise
D) a surplus;fall
E) an equilibrium;rise
Correct Answer:
Verified
Correct Answer:
Verified
Q128: A decrease in the quantity supplied of
Q129: Use the figure below to answer the
Q130: Use the table below to answer the
Q131: If A and B are complements and
Q132: Which of the following shifts the supply
Q134: Use the figure below to answer the
Q135: Which one of the following events shifts
Q136: If the number of suppliers of good
Q137: If the market for Twinkies is in
Q138: Which of the following "other things" are