Multiple Choice
Because of the high cost of fuel,railroads such as Union Pacific Corp and CSX Corp have increased the price they charge to haul freight.This change means that
A) the demand curve for hauling freight has shifted leftward.
B) the supply curve for hauling freight has shifted leftward.
C) the demand curve for hauling freight has shifted rightward.
D) the supply curve for hauling freight has shifted rightward.
E) neither the supply curve nor the demand curve for hauling freight has shifted; the only change is that the price is higher.
Correct Answer:

Verified
Correct Answer:
Verified
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q98: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q99: Market equilibrium occurs when<br>A) the quantity demanded
Q100: The equilibrium price of a good occurs
Q101: When the demand curve shifts rightward and
Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The number of
Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The graph illustrates
Q105: Which of the following shifts the supply
Q106: Market equilibrium occurs when<br>A) all markets become
Q107: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The graph illustrates