The law of supply states that, other things equal, when the price of a good
A: A、 falls, the supply of the good rises.
B: B、 rises, the quantity supplied of the good rises.
C: C、 rises, the supply of the good falls.
D: D、 falls, the quantity supplied of the good rises.
A: A、 falls, the supply of the good rises.
B: B、 rises, the quantity supplied of the good rises.
C: C、 rises, the supply of the good falls.
D: D、 falls, the quantity supplied of the good rises.
举一反三
- 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
- According to the supply law, a fall in the price of a good will cause _____ in the supply of the good and vice versa, other things remaining equal. Price and quantity supplied have a ____ relationship. A: a decrease; negative B: a decrease; positive C: an increase; negative D: aan increase; positive
- If the percentage change in the price of a good exceeds the percentage change in the quantity supplied, then the supply is
- Businesses are more willing to sell a product when the price _____ and less willing to sell it when prices _____. A: rises / rise B: rises / fall C: falls / rise D: falls / rise
- An increase in taxes on labor income shifts the labor supply curve ________ and the ________. A: leftward; after-tax wage rate falls B: rightward; before-tax wage rate rises C: leftward; after-tax wage rate rises D: rightward; before-tax wage rate falls