--%>
Assignment Help - homework help

Equilibrium price when demand increase and supply decrease

When an increase in demand arises at similar time as a decrease in supply, in that case equilibrium price: (w) falls, and equilibrium quantity is unsure. (x) increases, and equilibrium quantity is uncertain. (y) remains similar, and equilibrium quantity is uncertain. (z) is uncertain, and equilibrium quantity is uncertain.

How can I solve my economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Economic theories Economic theories: A)

    Economic theories: A) are useless because they are not based on laboratory experimentation. B) that are true for individual economic units are never true for the economy as a whole. C) are generalizations based on a careful observation of facts. D) are abstractions an

    		•
  • Q : Increase of utility when marginal

    Generally, as more of a good is consumed, the point is ultimately reached where the total: (1) And marginal utility of the good increase. (2) And marginal utility of good drop. (3) Utility carries on rising however marginal utility drops. (4) Utility drops and its mar

    		•
  • Q : Marginalism and Optimization Most of

    Most of the microeconomic models hinge on suppositions that all choices by each and every individual imitate attempts to: (1) Conform to social mores and cultural norms. (2) Propagate the individual’s gene pool into the future generations. (3) B

    		•
  • Q : Problem on perfectly competitive

    Can someone please help me in finding out the accurate answer from the following question. The profit-maximizing firm which is perfectly competitive in the resource market however which has the market power in output market will hire labor at a point where: (1) VMP =

    		•
  • Q : Changes in price and supply of market

    Assume that a main oil spill occurred off the Alaskan coast within the waters where many wild salmon Americans eat is caught. So, what will occur to the price and supply of salmon within the US? (w) no change  (x) supply = fall, price = rise 

    		•
  • Q : Maximize profit by marginal revenue and

    Prohibition Corporation’s very famous St. Valentine’s Day software is going within version 6. The very first point Prohibition requires to classify in its quest to maximize profit is the: (1) point e. (2) point f. (3) point g. (4) point h.

    		•
  • Q : Monopolist maximizes profit When a

    When a monopolist maximizes the profit in the product market, it will: (i) Hire labor till the marginal revenue product equivalents the marginal resource cost. (ii) Hire the labor till the value of marginal product equivalents the marginal resource cost. (iii) Pay a w

    		•
  • Q : Price elasticity of demand for pizza

    Since the price drops/falls from $8 to 1 all along this demand curve, the price elasticity of demand for pizza: (1) increases towards infinity. (2) Drops/Falls towards zero. (3) Increases, then drop/falls. (4) Always equivalents 1 and demand is unitar

    		•
  • Q : Right-to-Work Laws I have a problem in

    I have a problem in economics on Right-to-Work Laws. Please help me in the following question. The supporters of unions might complain that right to work laws frequently permit non-union workers to: (i) ‘Free-ride’ by enjoying the union-negotiated advantag

    		•
  • Q : Concept of Horizontal Equity Equity of

    Equity of fairness is an ambiguous idea, in part since people’s personal qualities can vary greatly. Conversely, that policymakers should treat people equally when they are roughly identical in the characteristics thought relevant for government policies is exte

    		•