Today, people changed their expectations about the future. This change
A: can cause a movement along a demand curve.
B: can affect future demand, but not today’s demand.
C: can affect today’s demand.
D: cannot affect either today’s demand or future demand.
A: can cause a movement along a demand curve.
B: can affect future demand, but not today’s demand.
C: can affect today’s demand.
D: cannot affect either today’s demand or future demand.
举一反三
- If interest rates are expected to rise in the future, the demand for long-term bonds _____ and the demand curve shifts to the _____.
- Assume that there is a single firm producing toilet paper and the firm specific demand curve is the same as the market demand curve. If a second firm that also produces toilet paper enters the market what will happen to the firm-specific demand curve of the original firm? A: There is a movement up along the demand curve. B: There is a movement down along the demand curve. C: shifts to the right D: shifts to the left
- Predictable variability is A: change in demand that can be forecasted. B: change in demand that cannot be forecasted. C: change in demand that has been planned. D: change in demand that has been scheduled. E: all of the above
- Economists are interested in all the factors that can help to ___ the extent to which a price change will affect supply and demand in the market.
- 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.