The exit of farms from a market should

Assignment Help Business Economics

Reference no: EM13977049

The exit of farms from a market should:

A. Shift the agricultural market supply curve to the right.

B. Increase the equilibrium market price.

C. Decrease the equilibrium market price.

D. Increase the equilibrium market output.

Reference no: EM13977049

Questions Cloud

An obstruction in the biliary duct : What does the liver do when there is an obstruction in the biliary duct.

Analyze the demand function for a dinner in the restaurant : The opera provides a coupon for a 15% discount at Delicious Food for a meal with a 6:00pm reservation on opera evenings.

There are several instances of people being lost : There are several instances of people being lost at sea for weeks. If you were in that situation, you would be very dehydrated. Would it be okay to drink a little sea water to quench your thirst? Using what you learned in this unit, explain your answ..

Pegging interest rates : Pegging Interest Rates. Suppose the Federal Reserve wanted to fix, or “peg,” the level of interest rates at 6 percent per year. Using a simple demand- and -supply graph, show how increases in money demand would change the supply of money if the Feder..

The exit of farms from a market should : The exit of farms from a market should:

Where is monetary policy stronger : Where is monetary policy stronger? In an open economy, changes in monetary policy affect both interest rates and exchange rates. Comparing the United States and Switzerland, in which country would monetary policy have a more significant effect on GDP..

Understand the marginal propensity to consume : In order to financially stimulate the nation, the Federal government injected $900 billion dollars into the economy. However, the results were less than spectacular. One reason could have been a failure to understand the marginal propensity to consum..

Asset prices as a guide to monetary policy : Asset prices as a guide to monetary policy? Some central bankers have looked at asset prices, such as prices of stocks, to guide monetary policy. The idea is that if stock prices begin to rise, it might signal future inflation or an overheated econom..

An automatic veto : An automatic veto that occurs when Congress goes out of session within ten days of submitting a bill to the president and the president has not signed it, is known as

User Account

All Pages