Multiple Choice
An increase in the demand for GM automobiles results in
A) a lower equilibrium price for GM automobiles.
B) an increase in the quantity of GM automobiles supplied.
C) an increase in the supply of GM automobiles.
D) a lower equilibrium quantity of GM automobiles.
E) a decrease in the quantity of GM automobiles supplied.
Correct Answer:
Verified
Correct Answer:
Verified
Q109: As the price of flour (an input
Q110: A movement along a demand curve from
Q111: The demand curve for any good is
Q112: If the price in a market is
Q113: If,in a particular market,all unexploited opportunities have
Q115: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Assume demand remains
Q116: "Holding all other relevant factors constant,consumers will
Q117: "As the price of personal computers continues
Q118: Assume the demand for flash drives increases,while
Q119: In general,when the demand curve shifts to