Holding demand constant-an increase in supply leads to

Assignment Help Business Economics
Reference no: EM13999845

Holding demand constant, an increase in supply leads to

A. Higher prices and higher quantity demanded

B. Higher prices and lower quantity demanded

C. Lower prices and lower quantity demanded

D. Lower prices and higher quantity demanded

Reference no: EM13999845

Questions Cloud

Convert cash flow profile to an equivalent gradient series : A cash flow profile starts with $2,000 and increases by $1,000 each year up to $21,000 at time 20. Then, it starts again with $21,000 at time 21 and decreases by $1,000 each year to $2,000 at year 40. Convert the cash flow profile to an equivalent gr..
Determine the value of cooperative trainings : Your paper should be short (2-3 pages, not including the cover sheet, references, and assessment sheet) and to the point. You are expected to deal with these issues in an integrated fashion, rather than treating them as a series of individual ques..
With flexible exchange rates : With flexible exchange rates, trading partners usually are better off if they coordinate their monetary and fiscal policy. Coordination allows: Note: you may have to solve this one by eliminating possibilities.
How long does it take for the wheel to come to the stop : A wheel of diameter of 68.0cm slows down uniformly from 8.40m/s to rest over a distancce of 115m. How long does it take for the wheel to come to the stop?
Holding demand constant-an increase in supply leads to : Holding demand constant, an increase in supply leads to
Compute the total charge of the electrons in the universe : There are 1 x 1079 electrons in the universe. The following numbers may be useful: me = 9.11 x 10-31kg, mp = 1.67 x 10-27kg, qp = -qe = 1.6 x 10-19C. Compute the total charge of the electrons in the universe.
The company many divisions will remain single entity forever : The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that the company’s many divisions will remain..
Highest degree of trust among the players : Teams are also characterized by highest degree of trust among the players. A good team will obviously have members who are trust worthy to each other
What price should the firm charge in the short run : A firm sells its product in a perfectly competitive market where other firms charge a price of $120 per unit. The firm’s total costs are C(Q) = 50 + 12Q + 2Q2. How much output should the firm produce in the short run? What price should the firm charg..

Reviews

Write a Review

Business Economics Questions & Answers

  Small open economy-starting from position of balanced trade

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade deficit and negative net capital outflow.

  What are the firm variable costs

Suppose the firm chooses this input combination. What is the firm's short run cost function? What are the firm's fixed costs? What are the firm's variable costs?

  Explain how increase in taxes with economy growing slowly

During the third quarter of 1997, Japanese GDP was falling at an annual rate of over 11 percent. Many blamed the big increase in Japan's taxes in the spring of 1997, which was designed to balance the budget. Explain how an increase in taxes with the ..

  Define deadweight loss of unit excise tax on particular good

Define the deadweight loss of a unit excise tax on a particular good. Explain what it measures. Draw a graph of possible supply and demand curves for a particular good for which the deadweight loss (DWL) from a unit excise tax is about half as big as..

  Definitions for social democracy-communism-mercantilism

What are definitions for Social Democracy, Communism, Mercantilism, Institution, Informal Institution, Formal Institution?

  What is effective rate of protection for steel industry

Suppose that it take $100,000 of steel to produce $2,000,000 of cars. If the nominal tariff on steel is 10% for the steel and 20%for cars, what is the effective rate of protection for the steel industry?

  Outline a micro-economic reform issue

Outline a micro-economic reform issue that is relevant to the Australian economy (i.e. why has there been reform in this industry or market? How successful do you think these reform measures were and say why referring to some data or research that ha..

  Given the work life cycle of the traditional woman

Given the work life cycle of the "traditional" woman, it may be rational for women to invest in less human capital than men. older workers are less mobile geographically than younger worker. an economic recession tends to stimulate.

  Define three types of elasticity of demand

Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought

  Opportunity cost of attending two-year graduate program

Zack quits his job at a consulting firm, which pays $40,000 a year, to enrol in a two-year graduate program. His annual school expenses are $30,000 for tuition, $2,000 for books, and $600 for food. What is his opportunity cost of attending the two-ye..

  How large a tax cut would be needed to achieve same increase

How large a tax cut would be needed to achieve the same increase in aggregate demand? Determine one possible combination of government spending increases and tax increases that would accomplish the same goal.

  Price elasticity of demand at the market equilibrium

Suppose that the market for paint is in equilibrium. The demand for paint is given by Qd=5000-8P. The supply of paint is given by Qs=2000+2P. What is the price elasticity of demand at the market equilibrium?

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