Assume that the demand for film cameras decreases in a competitive market. What will most likely happen to the equilibrium price and quantity of film cameras?
a. Price will decrease; quantity will increase
b. Price will decrease; quantity will decrease
c. Price will increase; quantity will increase
d. Price will increase; quantity will decrease
b. Price will decrease; quantity will decrease
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An example of direct finance would be when
A) a person purchases a certificate of deposit from a bank. B) a person buys a life insurance policy. C) a person buys 100 shares of stock from a corporation. D) a bank makes a loan to a customer.
The current account measures ________.
A. the value of goods and services traded between countries B. the payments for non-produced assets C. the flow of assets like bank deposits, stocks and bonds D. the value of income produced in the economy
An increase in the equilibrium quantity of good B can be caused by
A) an increase the price of inputs utilized in producing good B. B) an increase in the price of good B. C) a technological improvement in the process of producing good B. D) a reduction in the number of producers of good B.
According to Tobin's q theory, ________ policy can affect ________ spending through its effect on the prices of common stock
A) fiscal; consumption B) fiscal; investment C) monetary; consumption D) monetary; investment