--%>

Changes in supply and demand curves

This alters in the supply- and demand-curves for textbooks could not have resulted from a change in: (w) taxes. (x) relative prices for text books. (y) expectations about future prices. (z) prices for related goods.

924_demand for textbooks.png

Hello guys I want your advice. Please recommend some views for above economics problems.

   Related Questions in Microeconomics

  • Q : Minimum value of investment multiplier

    Minimum value of investment multiplier: Investment multiplier K=1/1-mpcWhen mpc = 0 then K=1/1-0 = 1 that is the minimum value of investment multiplier

  • Q : Resources flowing toward industries in

    Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change.

    Q : Profit Maximization-Labor Markets If,

    If, after hiring the very last worker, the firm's profit is similar as it was before the last worker was hired, then the firm must: (1) Hire more workers to raise gain. (2) Layoff certain workers to raise the gain. (3) Not hire any more workers. (4) Shut down in short

  • Q : Pure competition market A purely

    A purely competitive market would NOT be illustrated by: (1) many potential buyers and sellers. (2) each buyer or seller being a price taker. (3) an absence of long-run barriers to entry or exit. (4) aggressive advertising to compare brands. (5) a sin

  • Q : Long run entry of supply curve When the

    When the price for cranberries is primarily P1, in that case in the long run: (w) firms will neither enter nor exit this industry. (x) entry of firms will move curve supply curve A to the right. (y) exit of firms will move

  • Q : Shifting supply of curve by entry of

    When the price for Christmas trees is initially P1, in that case in the long run: (w) firms will neither enter nor exit this industry. (x) entry of firms will shift curve supply curve A to the right. (y) exit of firms will shift supply curve A to the left.

  • Q : Define forward shifting of tax burden

    The greater the price elasticity of demand associate to the price elasticity of supply, then the: (i) greater the legal incidence of any tax burden. (ii) smaller the forward shifting of any tax burden. (iii) smaller the backward shift

  • Q : Problem on monopolistically competitive

    Refer to the given diagram for a monopolistically competitive firm give the answer of following question. Long-run equilibrium price will be: 1) above A. 2) EF. 3) A. 4) B.

    Q : Problem on monoplists Suppose that the

    Suppose that the total cost curve for a monopolist is provided by TC = 3y2 + 800 and its marginal cost curve is given as MC = 6y.  Also assume it faces a market demand curve of py = 280 - 4y and marginal revenue curve of MR = 280 – 8y.

  • Q : Severe Poverty of Demography From the

    From the 1950 year, severe poverty has declined most sharply in between people while they experience: (w) low levels of education. (x) discrimination in employment. (y) old age. (z) poor health. Can someone explain