Refer to the figure above. The equilibrium price in this market is: A.less than $40. B.nonexistent. C.greater than $50. D.between $40 and $50. 正确答案：between $40 and $50.

An increase in the demand for GM automobiles results in: A.a lower equilibrium quantity of GM automobiles. B.a lower equilibrium price for GM automobiles. C.an increase in the quantity supplied of GM automobiles. D.an increase in the supply of GM automobiles. 正确答案：an increase in … 阅读详情>> "An increase in the demand for GM automobiles results in:"

Which of the following is NOT a determinant of demand for gasoline? A.The quantity of gasoline supplied. B.The price of diesel. C.Consumers’ incomes. D.The price of automobiles. 正确答案：The quantity of gasoline supplied.

When the supply of a good decreases, consumers will eventually: A.increase their quantity demanded. B.decrease their demand. C.decrease their quantity demanded. D.increase their preferences for the good. 正确答案：decrease their quantity demanded.

In general, when the supply curve shifts to the left and demand is constant then: A.the equilibrium price will rise. B.the equilibrium price will fall. C.the market cannot reestablish an equilibrium. D.the equilibrium quantity will rise. 正确答案：the equilibrium price will rise.

Refer to the figure above. If supply were to shift to the left, and demand were to also shift to the left, in the new equilibrium: A.both price and quantity would be lower. B.price would be higher and quantity would be lower. C.both price and quantity would be higher. D.quantity … 阅读详情>> "Refer to the figure above. If supply were to shift to the left, and demand were to also shift to the left, in the new equilibrium:"

Refer to the figure above. Suppose supply increases substantially. Then: A.price will also increase substantially. B.demand will also increase. C.the quantity demanded will increase. D.the quantity demanded will decrease. 正确答案：the quantity demanded will increase.

Refer to the figure above. Suppose that only demand has suddenly shifted to the left. To restore equilibrium, this market will have an immediate: A.excess demand, which will cause prices to fall to a new equilibrium. B.excess demand, which will cause prices to rise to a new equil … 阅读详情>> "Refer to the figure above. Suppose that only demand has suddenly shifted to the left. To restore equilibrium, this market will have an immediate:"

In general, when the demand curve shifts to the right and supply remains constant then: A.the market cannot reestablish an equilibrium. B.quantity demanded will rise. C.the equilibrium price will fall. D.the equilibrium quantity will rise. 正确答案：the equilibrium quantity will rise.

Suppose that the equilibrium price of rice falls and the equilibrium quantity falls. Which of the following best fits the observed data? A.A decrease in demand with supply constant. B.An increase in demand coupled with a decrease in supply. C.An increase in demand coupled with an … 阅读详情>> "Suppose that the equilibrium price of rice falls and the equilibrium quantity falls. Which of the following best fits the observed data?"

Suppose that the equilibrium price of DVD players increases and the equilibrium quantity increases. Which of the following best fits the observed data? A.A decrease in demand with supply constant. B.An increase in demand coupled with an increase in supply. C.An increase in demand … 阅读详情>> "Suppose that the equilibrium price of DVD players increases and the equilibrium quantity increases. Which of the following best fits the observed data?"

Suppose that the equilibrium price of T-shirts increases and the equilibrium quantity falls. Which of the following best fits the observed data? A.A decrease in supply with demand constant. B.A decrease in demand with supply constant. C.An increase in demand with supply constant. … 阅读详情>> "Suppose that the equilibrium price of T-shirts increases and the equilibrium quantity falls. Which of the following best fits the observed data?"