Question 4 10 points Save Answer If producers, but not consumers, begin to expect prices of the good they produce to increase in the near future, what will happen to the market price now? it will increase. one cannot tell. it will not change now. it will decrease. > Moving to another question will save this response. > An increase in the price of paper, other things constant, would have the following effects on the market for textbooks: a decrease in equilibrium price and a decrease in equilibrium quantity. a decrease in equilibrium price and an increase in equilibrium quantity. an increase in equilibrium price and a decrease in equilibrium quantity. an increase in equilibrium price and an increase in equilibrium quantity. a decrease in equilibrium price and no change in equilibrium quantity. Question 6 10 points Save Answer Consider the market for sewing threads where the demand is perfectly inelastic, and the supply curve is upward sloping. An increase in supply will result in an increase in the quantity of sewing threads. an increase in the price of sewing threads. no change in the price of sewing threads. a decrease in the price of sewing threads