Suppose that the equilibrium price of apples falls and the equilibrium quantity increases. Which of the following best fits the observed data?

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

Refer to the figure above. If demand were to shift from D1 to D2 at the same time supply were to shift from S1 to S2:

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Refer to the figure above. If demand were to shift from D1 to D2 at the same time supply were to shift from S1 to S2: A.the equilibrium quantity would increase and the equilibrium price would increase. B.the equilibrium quantity would decrease and the equilibrium price would rema … 阅读详情>> "Refer to the figure above. If demand were to shift from D1 to D2 at the same time supply were to shift from S1 to S2:"

If a market is in equilibrium and demand increases while supply decreases, the change in the equilibrium price is _ and the change in the equilibrium quantity is _.

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If a market is in equilibrium and demand increases while supply decreases, the change in the equilibrium price is _ and the change in the equilibrium quantity is _. A.indeterminate; positive B.positive; indeterminate C.positive; negative D.positive; positive 正确答案:positive; indete … 阅读详情>> "If a market is in equilibrium and demand increases while supply decreases, the change in the equilibrium price is _ and the change in the equilibrium quantity is _."

Suppose that both the equilibrium price and quantity of ketchup fall. The most consistent explanation for these observations is:

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Suppose that both the equilibrium price and quantity of ketchup fall. The most consistent explanation for these observations is: A.a decrease in demand for ketchup with no change in supply. B.an increase in demand for ketchup with no change in supply. C.an increase in the supply … 阅读详情>> "Suppose that both the equilibrium price and quantity of ketchup fall. The most consistent explanation for these observations is:"

Suppose that the equilibrium price of pickles falls while the equilibrium quantity rises. The most consistent explanation for these observations is:

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Suppose that the equilibrium price of pickles falls while the equilibrium quantity rises. The most consistent explanation for these observations is: A.an increase in demand for pickles with no change in supply. B.a decrease in demand for pickles with no change in supply. C.an inc … 阅读详情>> "Suppose that the equilibrium price of pickles falls while the equilibrium quantity rises. The most consistent explanation for these observations is:"

Suppose that the equilibrium price of French fries rises while the equilibrium quantity falls. The most consistent explanation for these observations is:

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Suppose that the equilibrium price of French fries rises while the equilibrium quantity falls. The most consistent explanation for these observations is: A.a decrease in demand for French fries with no change in supply. B.a decrease in the supply of French fries with no change in … 阅读详情>> "Suppose that the equilibrium price of French fries rises while the equilibrium quantity falls. The most consistent explanation for these observations is:"

Assume the demand for coffee increases while the supply decreases. Which of the following outcomes is certain to occur?

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Assume the demand for coffee increases while the supply decreases. Which of the following outcomes is certain to occur? A.The equilibrium price of coffee will fall. B.The equilibrium quantity of coffee will rise. C.The equilibrium price of coffee will rise. D.The equilibrium quan … 阅读详情>> "Assume the demand for coffee increases while the supply decreases. Which of the following outcomes is certain to occur?"