中国大学MOOC: An decrease in the price of oranges would lead to a(n)
举一反三
- An decrease in the price of oranges would lead to a(n) A: increased supply of oranges. B: increase in the prices of inputs used in orange production. C: a movement down and to the left along the supply curve for oranges. D: a movement up and to the right along the supply curve for oranges.
- Generally, price and demand is ____ related which means that the increase in the price would lead to the decrease in the demand for that product and vice versa.
- Generally, price and demand is _______ related which means that the increase in the price would lead to the decrease in the demand for that product and vice versa. A: inversely B: adversely C: correspondingly D: proportionally
- Which of the following would lead to a DECREASE in the demand for tennis balls? A: A decrease in the price of tennis rackets B: An increase in the cost of producing tennis balls C: A decrease in average household income when tennis balls are a normal good D: An increase in the price of tennis balls E: None of the above
- 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.