• 2022-06-07
    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.
  • D

    内容

    • 0

      Which of the following would cause price to decrease? A: A、a decrease in supply B: B、an increase in demand C: C、a surplus of the good D: D、a shortage of the good

    • 1

      Which of the following would unambiguously cause a decrease in the equilibrium price of cotton shirts? ( ) A: an increase in the price of wool shirts and a decrease in the price of raw cotton B: a decrease in the price of wool shirts and a decrease in the price of raw cotton. C: an increase in the price of wool shirts and an increase in the price of raw cotton. D: a decrease in the price of wool shirts and an increase in the price of raw cotton.

    • 2

      The price formed in the commodity exchange is( ) A: “Free market” price B: “Closed market” price C: International market price D: Semi-closed market price

    • 3

      A price below the equilibrium price results in ____ A: a surplus B: a further price fall C: excess supply D: a shortage

    • 4

      The market-to-book ratio is measured as: A: total equity divided by total assets. B: net income times market price per share of stock. C: net income divided by market price per share of stock. D: market price per share of stock divided by earnings per share. E: market value of equity per share divided by book value of equity per share.