When the market price is above the equilibrium price, suppliers are unable to sell all they want to sell.⏢MSC: Definitional 相关知识点: 试题来源: 解析 正确 当市场价格高于均衡价格时,产生的供给量会大于需求量,形成市场过剩(过剩供給)。在此情况下,供应商的实际销售量受限于需求量(即买方愿意购买的...
When the price of a good is held above the equilibrium price, the result will be? A.Excess demand B. A shortage of the good C A surplus of the good 相关知识点: 试题来源: 解析 正确答案:Rationale: The effect of price being above the equilibrium (market clearing) price is that supply ...
When a market is in equilibrium, ( )When a market is in equilibrium, ( )A. quantity demanded will equal quantity supplied.B. a shortage will be present.C. a surplus will be present.D. sellers will continue to E. xpand production to increase revenues.答案:a ...
When the price of a good is held above the equilibrium price, the result will be? A Excess demand B A shortage of the good C A surplus of the good 考点 Chapter4Microeconomicfactors 解析 Rationale: The effect of price being above the equilibrium (market clearing) price is that supply...
This paper investigates the implications of bounded speculative storage, storage bounded from below at zero and above at a capacity, on commodity prices. Binding capacity mirrors the non-negativity constraint on storage and leads to negative price spiking and higher volatility when the market is in ...
When this market is in equilibrium: A.the price is 25, and the quantity that will be sold is 5. B.the price is 30, and the quantity that will be sold is 15. C.the price is 25, and the quantity that will be sold is 20.
Price Floor: A price floor is a minimum price at which a product must be sold. This price is set by the government typically to help the producers. To be effective, the floor price should be above the equilibrium price. Answer and Explanation:1 ...
Producer Surplus: To find producer surplus first draw a horizontal line at the equilibrium price. The producer surplus is the area between the supply...Become a member and unlock all Study Answers Start today. Try it now Create an acco...
First we show that there exists a unique separating equilibrium. In it, sellers set a price such that buyers are exactly indifferent between searching and not searching. Buyers do not search if price is low, and search with probability α if price is high, where α is the lowest value ...
The equilibrium market clearing price p is affected by the realization of a random noise variable u, which is independent of the state θ. In the common interpretation, u is the aggregate net demand of noise traders, whose trading activity (due to exogenous reasons such as liquidity shocks) ...