If supply increases and demand is unchanged, the equilibrium price ____ and the equilibrium quantity ____. Question 13 options:
A. rises; decreases
B. does not change; does not change
C. falls; decreases
D. rises; increases
E. falls; increases
E. falls; increases
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Refer to the scenario above. What is the net present value of his friend's project?
A) -$459.32 B) -$666.21 C) $534.66 D) $616.21
Refer to Figure 11-5. The vertical difference between curves F and G measures
A) sunk costs. B) average fixed costs. C) marginal costs. D) fixed costs.
In closely held firms, the manager-stockholder conflict is
A) worse than in the larger firm because there is no incentive for the individual stockholder to monitor managers. B) the same as in publicly held firms. C) less severe than in the larger firm because there is an incentive for the major stockholder to monitor managers. D) less pronounced than in large public companies, because the manager is the owner.
When it comes to basic commodities, the United States is a net exporter of oil and metals and a net importer of farm crops
a. True b. False