Refer to Table 4-1. If the price increases from 1.00 to 1.50,a. the market demand decreasesby 20 units.b. individual demandcurves, whendrawn, will shift to the left.c. the quantitydemanded in the market decreases by 2 units.d. the quantity demanded in the market decreases by 7 units....
When the quantity demanded is the same as the quantity supplied, the market is said to be at equilibrium. Answer and Explanation: If the price rises, the demand for the product will remain the same but the quantity demanded will decrease. The price of a product influences the......
If the pric. of product X increases from 2.0. per unit to 2.25 per unit, the demand will decreas. from 7.5 million units to 6.7 million units. What is the price elasticity of demand for the product, and is the demand for the product elastic or inelastic() ...
C. Demand will remain constant despite price changes.D. If price increases by 5%, demand will fall by 10%. 正确答案:A,B 分享到: 答案解析: The correct answers are: If price increases by 5%, demand will fall by 5%; Total expenditure will remain constant despite price changes. Price ...
C. increases (shifts to the right). 正确答案:B 分享到: 答案解析: A price change causes movement along the demand curve to a different equilibrium quantity, but does not shift the demand curve. 统计:共计135人答过,平均正确率63.70% 问题:进入高顿部落发帖帮助...
百度试题 结果1 题目If the price of a good increases, the market demand curve for the good: A. decreases (shift. to the left). B. does not shift. C. increases (shifts to the right). 相关知识点: 试题来源: 解析 B 反馈 收藏 ...
Price of a commodity. Whereby as the price increases, the demand will decrease. Changes in taste and preferences. When consumers preferences changes in favor of the product, the consumption of a product will increase, leading to increased demand....
If, as income increases, the demand for product X decreases, X is said to be a/an___. A. substitute good B. complementary good C. inferior good D. normal good 相关知识点: 试题来源: 解析 C 正确答案:C解析:答案为C项。substitute good“替代品”。当两种商品为替代品时,一种商品价格上升...
If demand increases, then prices will rise as 翻译结果2复制译文编辑译文朗读译文返回顶部 If the demand increases, then the price also can along with the rise 翻译结果3复制译文编辑译文朗读译文返回顶部 Increases if demand, increased prices vary ...
Answer to: Determine whether the following statement is true or false: If demand increases and supply increases at the same time, price will...