Refer to the figure above. If the price is $4 today, and if there are no other changes in this market, one would expect the price in the future to be: A.less than $4. B.greater than $6. C.$4. D.greater than $4. 正确答案：greater than $4.

You notice that your grocery store always has day-old bakery products at a reduced price. Why might that be? A.At the original price, quantity supplied was greater than quantity demanded. B.At the original price, the quantity demanded was greater than the quantity supplied. C.The … 阅读详情>> "You notice that your grocery store always has day-old bakery products at a reduced price. Why might that be?"

Why does your grocery store sell day-old bakery goods but not day-old canned goods? A.An excess supply of bakery goods will quickly spoil, but excess canned goods will not. B.There is excess demand for canned goods. C.Demand for canned goods is easier to predict. D.Canned goods a … 阅读详情>> "Why does your grocery store sell day-old bakery goods but not day-old canned goods?"

When the price of a good is below its equilibrium value: A.it will tend to stay below the equilibrium value. B.suppliers will notice their inventories are growing. C.consumers will bid the price up. D.excess supply will occur. 正确答案：consumers will bid the price up.

In a free market, if the price of a good is below the equilibrium price, then；A.suppliers, dissatisfied with growing inventories, will lower the price. B.demanders, to acquire the good, will bid the price higher. C.government needs to set a higher price. D.suppliers, dissatisfied … 阅读详情>> "In a free market, if the price of a good is below the equilibrium price, then；A.suppliers, dissatisfied with growing inventories, will lower the price."

In a free market, if the price of a good is above the equilibrium price, then；A.suppliers, dissatisfied with growing inventories, will raise the price. B.government needs to set a lower price. C.suppliers, dissatisfied with growing inventories, will lower the price. D.demanders, … 阅读详情>> "In a free market, if the price of a good is above the equilibrium price, then；A.suppliers, dissatisfied with growing inventories, will raise the price."

Which of following is NOT true of an equilibrium price? A.It is always a fair and just price. B.Firms who are willing to accept the equilibrium price can sell what they produce. C.Consumers who are willing to pay the equilibrium price can acquire the good. D.It measures the value … 阅读详情>> "Which of following is NOT true of an equilibrium price?"

When a market is not in equilibrium: A.it will simply stay in a state of disequilibrium. B.firms will increase contributions to political action committees. C.government intervention is required to achieve equilibrium. D.the economic motives of sellers and buyers will move the ma … 阅读详情>> "When a market is not in equilibrium:"

You have noticed that there is a persistent shortage of teachers in an inner-city school district in your state. Based on this observation, you suspect that: A.there is an excess supply of teachers. B.the wage for teachers at those schools is lower than the equilibrium wage. C.th … 阅读详情>> "You have noticed that there is a persistent shortage of teachers in an inner-city school district in your state. Based on this observation, you suspect that:"

Suppose you notice that more and more people are driving gas-guzzling cars. Since you drive an economy car, their increased demand for gas: A.causes the price you pay for gas to increase. B.does not affect you. C.causes companies to charge a lower price, thus benefiting you. D.do … 阅读详情>> "Suppose you notice that more and more people are driving gas-guzzling cars. Since you drive an economy car, their increased demand for gas:"

Refer to the figure above. When this market is in equilibrium: A.the price is $25, and the quantity that will be sold is 5. B.the price is $30, and the quantity that will be sold is 15. C.the price is $25, and the quantity that will be sold is 20. D.the price is $35, and the quan … 阅读详情>> "Refer to the figure above. When this market is in equilibrium:"

Refer to the figure above. At a price of $20: A.the market would be in equilibrium. B.there would be excess supply of approximately 25 units. C.there would be excess demand, but it is impossible to know by how much. D.there would be excess demand of approximately 25 units. 正确答案：t … 阅读详情>> "Refer to the figure above. At a price of $20:"