Multiple Choice
Refer to the accompanying diagram to answer the following questions :
-Which of the following scenarios would explain the change in equilibrium shown in the accompanying figure?
A) an increase in an input price
B) a decrease in the number of buyers in a market
C) an increase in the price of a substitute good
D) an increase in the expected future price
E) a negative technological change
Correct Answer:

Verified
Correct Answer:
Verified
Q55: If the price and quantity for a
Q56: What would happen to the equilibrium price
Q57: Which following change in the coffee market
Q58: At the farmer's market in Irvine,California,the price
Q59: Something is a normal good if the
Q61: Refer to the table below:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4871/.jpg" alt="Refer
Q62: A subsidy<br>A) is a payment made by
Q63: Refer to the accompanying figure.What event would
Q64: When the price falls,what happens?<br>A) There is
Q65: Which of the following will cause a