When supply rises and demand stays the same, _______. a) equilibrium quantity rises b) equilibrium quantity falls
Question:
When supply rises and demand stays the same, _______.
a) equilibrium quantity rises
b) equilibrium quantity falls
c) equilibrium quantity stays the same
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
When supply rises and demand stays the same a equilibrium qua...View the full answer
Answered By
John Aketch
I am a dedicated person with high degree of professionalism, particularly in academic writing. My desire is to is to make students excel in their academic endeavor.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If supply rises and demand stays the same, equilibrium price will _____, and equilibrium quantity will ______.
-
Identify what happens to equilibrium price and quantity in each of the following cases: a) Demand rises and supply is constant b) Demand falls and supply is constant c) Supply rises and demand is...
-
A change in a factor of demand or a factor of supply (or both) will change the point of market equilibrium in a predictable way. Explain what will happen to equilibrium price and equilibrium quantity...
-
List the fish and invertebrates you selected after the nitrogen cycling process?
-
Gladstone Limited tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic...
-
How does the energy of a hydrogen \(1 s\) orbital compare with that of a lithium \(1 s\) orbital? Why? What is meant by the term energy of the orbital? What is its sign? Why? What is meant by the...
-
An often-ignored concept in breach of contract is the availability, if any, of the award of punitive damages. Often, cases incorporate both breach of contract and tort actions. The tort actions...
-
Clean Chips is a manufacturer of prototype chips based in Dublin, Ireland. Next year, in 2015, Clean Chips expects to deliver 535 prototype chips at an average price of $ 55,000. Clean Chips...
-
Explore Incorporated is a new start - up specializing in renting camper vans. On January 1 , Year 1 , the company purchased a new camper van with a total cost of $ 8 8 , 4 0 0 . The company estimates...
-
At equilibrium price, quantity demanded is _____. a) greater than quantity supplied b) equal to quantity supplied c) smaller than quantity supplied
-
When demand rises and supply stays the same, ______. a) equilibrium quantity rises b) equilibrium quantity declines c) equilibrium quantity stays the same.
-
On October 3, Valley Clothing Inc. reacquired 10,000 shares of its common stock at $9 per share. On November 15, Valley Clothing sold 6,800 of the reacquired shares at $12 per share. On December 22,...
-
CCC currently has sales of $22,000,000 and projects sales of $27,500,000 for next year. The firm's current assets equal $8,000,000 while its fixed assets are $9,000,000. The best estimate is that...
-
You have demonstrated an ability to regularly monitor and report on financial performance by managing and evaluating the company's financial transactions to demonstrate the organisation's viability...
-
Some companies cross-list their shares, meaning that their stock trades on more than one stock exchange. For example, Restaurant Brands International (QSR), the parent company of Burger King and Tim...
-
Your brother has been offered a project paying a $725 annuity due for the next 15 years. What is the maximum amount of money your brother should invest in this project if he has a 12.45 percent rate...
-
discuss the roles of transcriptional co-activators and co-repressors in modulating the activity of transcription factors and RNA polymerase complexes, and how their dysregulation contributes to...
-
Consider the compact heat exchanger conditions of Example 11.6. After extended use, fouling factors of 0.0005 and 0.001 m 2 K/W are associated with the water- and gas-side conditions, respectively....
-
Write a declaration for each of the following: a. A line that extends from point (60, 100) to point (30, 90) b. A rectangle that is 20 pixels wide, 100 pixels high, and has its upper-left corner at...
-
1. In the state of Virginia, the demand for vanity license plates is ______ (elastic/inelastic), so an increase in price would ______ (increase/decrease) total revenue from vanity plates. 2. A policy...
-
1. Demand is ____on the upper portion of a linear demand curve and ____on the lower portion of a linear demand curve. 2. Suppose we are on the upper portion of a linear demand curve. If the price...
-
1. Demand is ____on the upper portion of a linear demand curve and ____on the lower portion of a linear demand curve. 2. Suppose we are on the upper portion of a linear demand curve. If the price...
-
Assume the total cost of a college education will be $235,000 when your child enters college in 18 years. You presently have $35,000 to invest. What annual rate of interest must you earn on your...
-
A. Solve the two systems in a and b using matrices. 12x+20y=40 9x+15y=45 B. 14x-21y = 56 x-3y = 4 c. Why did you get an error message? (Hint: graph the equations to see what is true about the system.)
-
Last year, California Sushi and Such (CSS) had sales of $65 million. The firm's operating expenses amounted to $20 million and costs of goods sold totaled $15 million. In addition, CSS received...
Study smarter with the SolutionInn App