If the market demand for a product increases in a competitive market, then in the short run the quantity supplied by an individual firm will:() A. decrease and the firm will generate economic profits. B. increase and the firm will generate economic profits. C. increase and the firm will ...
The demand for a product produced in a perfectly competitive market permanently increases. In the short run, the price A. rises and each firm produces less output. B. rises and each firm produces more output. C. does not change as new firms enter the industry. D. does not change because...
正确答案:B 分享到: 答案解析: If the market demand for a product increases in a competitive market, then the equilibrium price and equilibrium quantity supplied will increase. 统计:共计110人答过,平均正确率66.36% 问题:进入高顿部落发帖帮助 相似题型 热门网课更多>> 论坛精华更多>> 题库APP下载...
If the market demand for a product decreases in a competitive market, then the quantity supplied by an individual firm will: A.decrease and firms will exit the market in the long run.B.decrease and firms will enter the market in the long run.C.increase and firms will enter the market in...
Individual Demand and Market Demand:The individual demand refers to the demand for goods and services by the single consumer, whereas the market demand is the demand for a product by all the consumers who buy that product. Thus, the market demand is the aggregate of the individual demand. ...
If the market demand for a product increases in a competitive market, then price: A. will increase and quantity will decrease. B. and quantity will increase. C. will decrease and quantity will increase. 相关知识点: 试题来源: 解析 B ...
解析 【解析】答案:on.考查单词填空.根据句意及句 子结构,要填入on,on the increase意为"正在增 加;不断增长”. 结果一 题目 The demand for primary products is___ the increase in European market. 答案 答案:on.考查单词填空.根据句意及句子结构,要填入on,on the increase意为"正在增加; 不断增长"...
Distribution of National Income:The national income is one of the basic determinants of the market demand for a product, such as thehigher the national income, the higher the demand for all the normal goods. Apart from its level, thedistribution patternof the national income also determines the...
Price Elasticity of demand (E(d))=(DeltaQ)/(DeltaP)xx P/Q -1 = (-25)/(DeltaP) xx 4/100 Rightarrow DeltaP= ₹ 1 As the quantity demanded is decreasing , price will increase. It means, new price = Original pirce (P) + Change in price (DeltaP)= 4+1
What is a market? What is a competition? Market 市场 market: a group of buyers and sellers of a particular good or service 市场:由某种物品或服务的买者与卖者组成的一个群体 The buyers as a group determine the demand for the product ...