Which would cause an increase in the supply curve of cell-phone services? Multiple Choice a decrease in a subsidy given to cell-phone service providers 0 an increase in the taxes paid by cell phone service providers 0 o a decrease in the wages of cell phone company workers 0 an increase in the price of cell phone services < Prev 27 of 501 Next >
V ULD YOU ginagain Advanced analysis) The demand for commodity X is represented by the equation P-10 -0.20 and supply by the equation P=2+ 3.2. If demand changes from P=10 – 20 to P=7.30, the new equilibrium quantity is Multiple Choice Ο Ο Ο Ο < Prev 28 of 50 !!! Next >
bile unill you signing In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon (1) the demand (D) for, or supply (5) of, X; (2) the equilibrium price (R) of X; and (3) the equilibrium quantity (Q) of X An increase in the price of a product that is a complement to X will Multiple Choice C) decrease D, decrease P, and decrease Q. 0 increase D, increase P, and increase Q 0 increase increase P. and decrease Q 0 O decrease S, decrease P, and decrease Q. < Prev 29 of 501 Next >
Saved JUNULUI COD will ne available until you sign in agai An increase in the price of product A will Multiple Choice increase the demand for complementary product C. O reduce the demand for substitute product B. O reduce the demand for resources used in the production of A. O Increase the demand for substitute product B < Prev 30 of 50 !!!
Price Quantity Refer to the diagram, in which Sis the market supply curve and Sy is a supply curve comprising all costs of production, including external costs. Assume that the number of people affected by these external costs is large. If the government wishes to establish an optimal allocation of resources in this market, it should Multiple Choice o not intervene because the market outcome is optimal tax producers so that the market supply curve shifts leftward. OS < Prev 31 of 50 ! Next >
① an increase in the price of cell-phone services (Am). mment along the Price clange causes movement along the supply curve. All other options cause shift of the curve . Equilibriunt Soggio 70.30 = 2 + 0.29s. >> 5 — 0.58 => g = 50 = 10 (Aus) decrease decrease D, decrease P, decrease & (Aus) increase in price of complement causes demand for complement to fall, so celemand for & will also fall . increase demand for substitute Product B. (Am) > If price of Arises, people will buy lesse as it is compfementary, increase production of A to increase Clemand for B .. 6 tax producers so that market supply curve shifts leftward a Internalize negative externality through taxation