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.
举一反三
- If the market price of a good is below the equilibrium price ______ 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.
- 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.
- The imposition of a binding price floor on a market causes quantity demanded to be
- 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:
- When there is a change in the quantity demanded it means that the:
内容
- 0
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
- 1
If the demand for orange juice is elastic, then as the price falls, quantity demanded for orange juice will ________ and total revenue for orange suppliers will ________.
- 2
If shoes rise in price, the demand curve for shoes ( ) and the quantity of shoes demanded ( ). A: shifts leftward; decreases B: shifts leftward; does not change C: does not shift; decreases D: does not shift; does not change
- 3
The bond demand curve is ________ sloping, indicating a(n) ________ relationship between the price and quantity demanded of bonds, everything else equal.
- 4
A straight-line demand curve with negative slope intersects the horizontal axis at 200 tons per week. The point on the demand curve at which the price elasticity of demand is 1 corresponds to a quantity demanded A: of 0 tons. B: of 100 tons. C: of 200 tons. D: that would be negative if a negative quantity demanded were possible.