The supply curve slopes up and to the right. If the demand curve shifts upward to a new curve which is everywhere higher than the old curve (but possibly of different slope) and if the supply curve does not shift, then the equilibrium price and quantity must necessarily increase.答案( ) ...
supply curve: a graph of the relationship between the price of a good and the quantity supplied 供给曲线:表示一种物品的价格与供给量之间关系的图形 Supply Curve, from: Principles of Economics : Microeconomics Part The supply curve slopes upward because, other things equal, a higher price means a...
6. Why the aggregate-supply curve slopes upward in the short run In the short run, the quantity of output that firms supply can deviate from the natural rate of output if the actual price level in the economy deviates from the expected price le...
结果1 题目 An equilibrium is unstable if the supply curve slopes downward and: A)is parallel to the demand curve. B)is less steeply sloped than the demand curve. C)is more steeply sloped than the demand curve. 相关知识点: 试题来源: 解析 B 反馈 收藏 ...
If one of these factors changes, the demand curve shifts. The supply curve shows how the quantity of a good supplied depends on the price. According to the law of supply, as the price of a good rises, the quantity supplied rises. Therefore, the supply curve slopes upward. In addition ...
If a higher price means a greater quantity supplied, then the supply curve slopes upward. ANS: T DIF: 1 REF: 4-3 NAT: Analytic LOC: Supply and demand TOP: Supply curve MSC: Definitional 46. Individual supply curves are summed vertically to obtain the market supply curve. ANS: F DIF: ...
The supply curve slopes upward because, over time, suppliers can choose how much of their goods to produce and later bring to market. At any given point in time, however, thesupplythat sellers bring to market is fixed, and sellers simply face a decision to either sell or withhold their st...
TheMarketForcesofSupplyandDemand Chapter4 Copyright©2001byHarcourt,Inc.Allrightsreserved.Requestsforpermissiontomakecopiesofanypartoftheworkshouldbemailedto:PermissionsDepartment,HarcourtCollegePublishers,6277SeaHarborDrive,Orlando,Florida32887-6777.TheMarketForcesofSupplyandDemand Supply anddemandarethetwowords...
Once plotted, the demand curve slopes downward, from left to right. As prices increase, consumers demand less of a good or service. Asupply curveslopes upward. As prices increase, suppliers provide more of a good or service. Market Equilibrium ...
Suppose the demand curve for a good is very flat and the supply curve for the good is very steep. If the government taxes this good, A.buyers and sellers will each share 50 percent of the burden, regardless of the slopes of the demand and supply curves.B.sellers will bear a larger ...