Business
Business, 03.08.2019 08:20, pickelswolf3962

Rue or false: when both the demand and supply curves shift, you can always determine the effect on price and quantity without knowing the magnitude of the shifts.

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Business, 16.07.2019 03:10, reagriffis24
The effect of the september 11 attacks on the world trade center on the market for office space in downtown manhattan was that both the equilibrium price and the equilibrium quantity fell. what is the most likely explanation for this? a. supply and demand both shifted left, and the magnitude of the demand shift was greater. b. supply and demand both shifted left, and the magnitude of the supply shift was greater. c. supply shifted left, demand shifted right, and the magnitude of the demand shift was greater. d. supply shifted left, demand shifted right, and the magnitude of the supply shift was greater.
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Business, 22.07.2019 20:10, romanlittlewood
During the obama administration, the development of low-cost batteries for electric cars received large amounts of federal funding in terms of subsidies. meanwhile, american households gave a higher priority towards minimizing their environmental impact. consider the market for zero-emissions electric vehicles where there is an upward-sloping supply curve and a downward-sloping demand curve. which direction will demand and supply shift? demand will shift left and supply will shift right. both curves will shift left. both curves will shift right. demand will shift right and supply will shift left. what will happen to the equilibrium price? price decreases. price remains constant. change is ambiguous. price increases. what will happen to the equilibrium quantity? quantity decreases. change is ambiguous quantity remains constant. quantity increases.
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Business, 10.09.2019 03:30, nancysue1975
Another supply and demand puzzle the market price of pizzas in a college town increased recently, and the students in an economics class are debating the cause of the price increase. some students suggest that the price increased because the price of dough, an important ingredient for making pizzas, has increased. other students attribute the increase in the price of pizzas to a recent decrease in the price of beer. everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of grain, which is not generally used in making pizzas. the first group of students thinks the increase in the price of pizzas is due to the fact that the price of dough, an important ingredient for making pizzas, has increased. on the following graph, adjust the supply and demand curves to illustrate the first group’s explanation for the increase in the price of pizzas. demand supply price (dollars per pizza) quantity (pizzas) demand supply the second group of students attributes the increase in the price of pizzas to the decrease in the price of beer. on the following graph, adjust the supply and demand curves to illustrate the second group's explanation for the increase in the price of pizzas. demand supply price (dollars per pizza) quantity (pizzas) demand supply suppose that both of the events you have just analyzed are partly responsible for the increase in the price of pizzas. based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of pizzas? if the equilibrium quantity of pizzas decreases, then the supply shift in the market for pizzas must have been larger than the demand shift. if the equilibrium quantity of pizzas decreases, then the demand shift in the market for pizzas must have been larger than the supply shift. whichever change occurred first must have been the primary cause of the change in the price of pizzas. if the price increase was small, then the supply shift in the market for pizzas must have been larger than the demand shift. grade it now save & continue continue without saving
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Business, 10.09.2019 23:20, demigod0701
During the obama administration, the development of low-cost batteries for electric cars received large amounts of federal funding in terms of subsidies. meanwhile, american households gave a higher priority towards minimizing their environmental impact. consider the market for zero-emissions electric vehicles where there is an upward-sloping supply curve and a downward-sloping demand curve. which direction will demand and supply shift? both curves will shift left. both curves will shift right. demand will shift right and supply will shift left. demand will shift left and supply will shift right. what will happen to the equilibrium price? change is ambiguous. price decreases. price remains constant. price increases. what will happen to the equilibrium quantity? quantity remains constant. quantity increases. quantity decreases. change is ambiguous
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