Question: 6 Complete the following sentence. A decrease in the demand for pasta together with an increase in the supply of pasta brings a of pasta

Complete the following sentence. A decrease in the demand for pasta together with an increase in the supply of pasta brings a of pasta at the original price and a in its price. 0 A. shortage;fall O B. surplus; fall 0 C. shortage; rise 0 D. surplus; Iise

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Part 1: The Circular Flow Model Use the numbers on the circular flow model to label the shapes and arrows indicated on the model with the terms listed below. Pay very close attention to the direction...

One. How will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in a competitive market; that is, do price and quantity increase or decrease, or...

Part one. 1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run...

1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...

1. [-/1 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER I want to fence in a square vegetable patch. The fencing for the east and west sides costs $6 per foot, and the fencing for the...

1. A piano manufacturer has a daily fixed cost of $1,600and a marginal cost of $2,100per piano. Find the cost C ( x ) of manufacturing x pianos in one day. C ( x ) = Use your function to answer the...

Flag this Question Question 1 1pts The downward slope of a demand curve illustrates the pattern that as ________ decreases, ________ increases. Group of answer choices quantity supplied : quantity...

I would like assistance with assignment 3 and 4 on the attached document I have been struggling with the subject and its my last AUI4863/102/0/2016 Tutorial letter 102/0/2016 ADVANCED INTERNAL AUDIT...

Ushi owns an apple farm and plans to spend 4 hours today picking apples. The number of apples he can pick per hour depends on the total number of hours he spends working in either the east orchard or...

Multiple Choice Questions Choose the one alternative that best completes the statement or answers the question, and highlight it. 1) If the government imposes a maximum rent for housing that is above...

Question 1 Use the table below to answer the following questions. Table 5.2.1 This table shows the answers given by interviewees to the Labour Force Survey. Person A This person is looking for work...

a) Use the model of perfect competition to discuss the following statements (State whether you agree or disagree with the statement): Increasing competition from new firms entering the market is...

The required steps in the accounting cycle are listed in random order below. List the steps in proper sequence. (a) Prepare a post-closing trial balance. (b) Prepare an adjusted trial balance. (c)...

Which of the following is NOT true concerning a management information system ( MIS ) ? A . MIS is a broad term that can be used to refer to a system of hardware and software that a company uses to...

Oa) Ob) Oc) Od) Enrique is preparing for retirement and he will be eligible for a Canada Pension Plan (CPP) retirement benefit of $800 per month at age 65. Which of the following statements about...

You are required to prepare a proposal on the potential benefits and costs of implementing an activity-based costing (ABC) system to determine customer profitability for a local bank, Kangaroo...

Given the following points: 2,4,10,12,3,20,30,11,25. Assume k = 3, and that we randomly pick the initial means 1=2, 2=4 and 3=6. Show the clusters obtained using K-means algorithm after one...

The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 12% 36% Net operating income $600,000 Turnover ? 3 Margin ? Sales $3,320,000 ? 04...

20. Up to how many hosts can be placed in the subnet which currently reads 'XX' hosts? 192.168.0.0/25 113 Hosts 192.168.1.128/27 XX Hosts Ans: 192.168.1.160/30 2 Hosts 192.168.0.128/25 70 Hosts...

t7-1Discuss the importance of monitoring and adjusting your Individual Development Plan; and how can adding strategies or changing the direction of your plan provide better results for your mentee...

2. Your goals play a key role in bringing purpose and direction to your life. Identify the short-term goals that are currently influencing your behavior. What long-term goals do you hope to achieve...

1. Stephen M.R. Covey, author of The Speed of Trust, says that every employee in the organization should assume responsibility for building trust. Do you agree? Is this a realistic expectation?...

1. Who Moved My Cheese? is the all-time best-selling book in Amazon.coms history and is printed in 42 languages. Analyze why organizations around the world would buy millions of these books for their...