Multiple Choice
The number of people looking to buy ceiling fans increases,so there is an increase in the
A) quantity of ceiling fans demanded and a surplus of ceiling fans.
B) demand for ceiling fans and a rise in the price of a ceiling fan.
C) demand for ceiling fans and a surplus of ceiling fans.
D) supply of ceiling fans and no change in the price of a ceiling fan.
E) demand for ceiling fans and in the supply of ceiling fans.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: When the price of rice rises,<br>A) the
Q106: Market equilibrium occurs when<br>A) all markets become
Q128: Suppose the current price of a pound
Q149: Other things remaining the same,the quantity of
Q172: A change in the price of a
Q193: List the factors that change supply and
Q222: "Other things remaining the same,if the price
Q261: Consider the market for peanut butter.If there
Q296: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q302: Which of the following shifts the supply