Which of the following factors is a demand shifter for new houses? Multiple Choice wages for...
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Which of the following factors is a "demand shifter" for new houses? Multiple Choice wages for construction workers the interest rates on mortgage loans the price of new houses the price of lumber < Prev 27 of 50 Ne > In the past few years, the demand for donuts has greatly increased. This increase in demand might best be explained by Multiple Choice consumers expecting donut prices to fall. an increase in the price of coffee. a change in buyer tastes. an increase in the cost of making donuts. < Prev 26 of 50 Ne > Running shoes and staplers are Multiple Choice O Inferior goods. complementary goods. substitute goods. independent goods. < Prev 25 of 50 Ne > The price of pork may increase as a result of Multiple Choice a decrease in the cost of feed for pigs. an increase in the cost of producing beef. a subsidy to pork producers. decreased advertising of pork. < Prev 24 of 50 Ne > The following data show the supply and demand schedules for a product. Quantity Demanded Per Week (units) Price Per Unit $40 50 60 70 80 90 100 Multiple Choice O $60 and $70. 100 50 48 45 40 30 25 $50 and $60 Quantity Supplied Per Week (units) The government now introduces a subsidy payment to producers of $30 per unit. Assuming a purely competitive market for the product, the new equilibrium price will be between 15 20 < Prev 25 30 40 46 50 23 of 50 Next > (1) Od 50 60 80 90 100 (2) Qd 40 50 60 70 80 (3) Price Multiple Choice $10 9 8 7 6 decrease in supply. increase in demand. (4) Qg Refer to the table. In relation to column (3), a change from column (5) to column (4) would indicate a(n) decrease in demand. 70 60 50 40 30 (5) Q8 80 < Prev 70 60 50 40 21 of 50 Next > Which of the following factors is a "demand shifter" for new houses? Multiple Choice wages for construction workers the interest rates on mortgage loans the price of new houses the price of lumber < Prev 27 of 50 Ne > In the past few years, the demand for donuts has greatly increased. This increase in demand might best be explained by Multiple Choice consumers expecting donut prices to fall. an increase in the price of coffee. a change in buyer tastes. an increase in the cost of making donuts. < Prev 26 of 50 Ne > Running shoes and staplers are Multiple Choice O Inferior goods. complementary goods. substitute goods. independent goods. < Prev 25 of 50 Ne > The price of pork may increase as a result of Multiple Choice a decrease in the cost of feed for pigs. an increase in the cost of producing beef. a subsidy to pork producers. decreased advertising of pork. < Prev 24 of 50 Ne > The following data show the supply and demand schedules for a product. Quantity Demanded Per Week (units) Price Per Unit $40 50 60 70 80 90 100 Multiple Choice O $60 and $70. 100 50 48 45 40 30 25 $50 and $60 Quantity Supplied Per Week (units) The government now introduces a subsidy payment to producers of $30 per unit. Assuming a purely competitive market for the product, the new equilibrium price will be between 15 20 < Prev 25 30 40 46 50 23 of 50 Next > (1) Od 50 60 80 90 100 (2) Qd 40 50 60 70 80 (3) Price Multiple Choice $10 9 8 7 6 decrease in supply. increase in demand. (4) Qg Refer to the table. In relation to column (3), a change from column (5) to column (4) would indicate a(n) decrease in demand. 70 60 50 40 30 (5) Q8 80 < Prev 70 60 50 40 21 of 50 Next >
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