Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market?
举一反三
- Suppose that demand for a good increases and, at the same time, supply of the good decreases. What would happen in the market for the good?
- Suppose that the current price in a market for Pizza is $9. At that price, the quantity demanded is 519 and the quantity supplied is 400. In this market, we would expect that:
- New oak tables are normal goods. What would happen to the equilibrium price and quantity in the market for oak tables if the price of maple tables rises, the price of oak wood rises, more buyers enter the market for oak tables, and the price of wood saws increased?
- Suppose roses are currently selling for $40 per dozen, but the equilibrium price of roses is $30 per dozen. We would expect a_______. A: shortage to exist and the market price of roses to increase. B: shortage to exist and the market price of roses to decrease. C: surplus to exist and the market price of roses to increase. D: surplus to exist and the market price of roses to decrease.
- What ______ would happen if he told mom and dad what we had done A: do you suppose B: will you suppose C: you suppose D: may you suppose