Direction opposite to equilibrium quantity

Assignment Help Business Economics
Reference no: EM13852534

When the_____ supply curve shifts outward or inward with an unchanged _____ curve, equilibrium price and quantity increase or? decrease, respectively. When the___ curve shifts outward or inward given an unchanged____ curve, equilibrium price moves in the direction opposite to equilibrium quantity.

Fill in the blank?

Reference no: EM13852534

Questions Cloud

Main issues and problems in network traffic modeling : main issues and problems in network traffic modeling
Especially those with large populations of? renters : Many U.S.? cities, especially those with large populations of? renters, have rent controls. Suppose that San Francisco sets a rent control of $400 per month on? one-bedroom apartments. The graph on the right shows this situation.
Consumer surplus at any specific quantity : Consumer surplus at any specific quantity is measured as the_________ distance between the demand curve and the level of the market clearing _______
Determine the optimal level of abatement activity : Policy analysts in the Department of Natural Resources have estimated that the marginal benefits from water pollution abatement are given by the function MB ¼ 0.90 À 0.03A, where A is a measure of the abatement intensity. Industry experts have estima..
Direction opposite to equilibrium quantity : When the_____ supply curve shifts outward or inward with an unchanged _____ curve, equilibrium price and quantity increase or? decrease, respectively. When the___ curve shifts outward or inward given an unchanged____ curve, equilibrium price moves in..
Underemployment and excessive current account deficit : U.S. is currently suffering from underemployment and excessive current account deficit. What measures can U.S. take to move away from its present situation towards internal and external balance? Consider rules of Bretton Woods and policy tools.
Government intervene in the economy : Why does the government intervene in the economy? Should they and what would the impact be if they did not?
Consumer product safety commission : The Consumer Product Safety Commission is reconsidering a rule it first proposed in 1997 that would require child-restraint caps on household products, including cosmetics. What process must the CPSC follow to promulgate the rules? What do you think ..
What are chances that investment will result in return : What are the chances that the investment will result in a negative return? What is the probability that the return will be greater than 10 percent? 20 percent? 30 percent? 40 percent? 50 percent?

Reviews

Write a Review

Business Economics Questions & Answers

  Average cost-marginal cost-demand and marginal revenue curve

De Beers is a monopolist which supplies diamonds with constant marginal cost and constant average total cost. Draw the average cost, marginal cost, demand and marginal revenue curves. Show the price charged by De Beers without price discrimination.

  Explain why we obseve flat upward sloping and inverted yield

State whether the following statements are True, False or Uncertain. Provide a short justification for your answer. (i) Bond A is a 5­year bond with a 9% coupon rate and a YTM of 9%. Bond B is a 15­year bond with a 8% coupon rate and a YTM of 10%. Bo..

  Suppose that a big mac costs 500 in new york and sf30 in

suppose that a big mac costs 5.00 in new york and sf30 in geneva. suppose further that the price of 1sf on that day is

  New york times editorialist recently advocated

A New York Times editorialist recently advocated a cut in the payroll tax.

  Explain why the cost structure associated

Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. (At the same time, one internet business such as grocery home deliveries have continually suff..

  Publisher also the analyst making about price elasticity

Illustrate what implicit assumptions is the publisher also the analyst making about price elasticity.

  What was apple''s planned investment

Now suppose that at the end of the year, Apple has sold 20.3 million iPhones. What was Apple's planned investment? What was apples actual investment?

  How could they continue to operate at a loss

During the most recent recession General Motors and Chrysler lost huge sums of money in their operation (not counting government bailout money they could not assume they would get). How could they continue to operate at a loss?

  Write down mareko intertemporal budget constraint

Write down Mareko's intertemporal budget constraint in future value terms. How much pineapple will Mareko consume in each period.

  What is the amount a in actual dollars equivalent to a’

What is the amount A in actual dollars equivalent to A’ = $1,000 in constant dollars? Please provide step by step detail

  Corresponding marginal cost

Suppose that an increase in crime (O) also results in a per unit amount of social damage equal to d(d>0).

  Illustrate the actions the firm took in a certain countries

illustrate the actions the firm took in a certain countries to achieve this, choose a firm which became an MNE with location advantages and depict the steps the firm took in a specific country(s) to accomplish this, select a firm that became an MN..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd