Suppose the quantity demanded for a security is
BD = 150 ? 0.1b,and the quantity supplied of the security is
BS = 50 + 0.1b,where b is the price of the security in dollars. Suppose that the supply curve shifts to
BS = 75 + 0.1b.The equilibrium quantity of the security
A. rises by 12.5.
B. rises by 2.5.
C. falls by 2.5.
D. falls by 12.5.
Answer: A
You might also like to view...
Some states are comparative negligence states but the majority are contributory negligence states
Indicate whether the statement is true or false
________ activities include the cash effects of transactions and events that determine net income.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1) Implicit prejudice is a bias that emerges from unconscious beliefs such as stereotyping. 2) Technological advances in society do not lead to new ethical challenges. 3) Leaders that use an ethical form of leadership communicate ethical standards and encourage ethical conduct. 4) The concept of responsible leadership has three different orientations. 5) Servant leadership emphasizes concern for others.
A middle manager is likely to engage in which of the following activities?
A) Writing the company mission statement B) Negotiating with suppliers C) Supervising non-/management employees D) Managing inventory E) Processing receiving documents