A: quantity demanded Hill exceed quantity supplied, resulting in a shortage.
B: quantity demanded Hill exceed quantity supplied, resulting in a surplus.
C: quantity supplied will exceed quantity demanded, resulting in a shortage.
D: quantity supplied will exceed quantity demanded, resulting in a surplus.
E: the supply curve will shift to the left and the demand curve will shift to the right.
举一反三
- 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:
- Suppose that the quantity demanded for cars exceeds the quantity supplied of cars. We would expect that:
- Suppose that the quantity supplied of pizza exceeds the quantity demanded for pizza. We would expect that:
- When a monopolistically competitive firm raises its price, A: quantity demanded falls to zero. B: quantity demanded declines but not to zero. C: the market supply curve shifts outward. D: quantity demanded remains constant.
- The supply curve for bonds has the usual upward slope, indicating that as the price _________, ceteris paribus, the _________ increases. A: falls; supply B: falls; quantity supplied C: rises; supply D: rises; quantity supplied
内容
- 0
In a supply and demand figure, the equilibrium price and quantity are found at the A: point where quantity supplied equals quantity demanded. B: horizontal intercept of the demand curve. C: vertical intercept of the supply curve. D: horizontal intercept of the supply and the demand curves.
- 1
Frequently, in the short run, the quantity supplied of a good is_________. A: impossible, or nearly impossible, to measure B: not very responsive to price changes C: determined by psychological forces and other non-economic forces D: determined by the quantity demanded of the good
- 2
The slope of the demand curve is not the same as the price elasticity of demand because the slope of a demand curve ( ) A: compares percentage changes in quantity demanded and price. B: compares absolute changes in quantity demanded and price. C: obeys the law of demand. D: is not constant when the demand curve is linear.
- 3
If the percentage change in the price of a good exceeds the percentage change in the quantity supplied, then the supply is
- 4
When the interest rate falls in the money market, the quantity of money demanded ________ and the quantity of money supplied ________. A: increases; decreases B: decreases; increases C: stays the same; decreases D: increases; stays the same