简答题Price will rise to eliminate a shortage.简答题In competitive markets, buyers ______. A、are price takers, but sellers are price setters B、are price setters, but sellers are price takers C、and sellers are price takers D、and sellers are price setters简答题If something happens to alter the quantity supplied at any given price, then ______. A、we move along the supply curve B、the supply curve shifts C、the supply curve becomes steeper D、the supply curve becomes flatter简答题Buyers are able to buy all they want to buy and sellers are able to sell all they want to sell at ______. A、prices at and above the equilibrium price B、prices at and below the equilibrium price C、prices above and below the equilibrium price, but not at the equilibrium price D、the equilibrium price but not above or below the equilibrium price多选题Which of the following would cause the demand curve to shift from Demand A to Demand B in the market for oranges in China? A、A freeze in southern China. B、A technological advance that allows oranges to ripen faster. C、A decrease in the price of apples. D、An announcement by the authorities that oranges prevent heart disease.简答题An increase in which of the following would shift the supply curve for gasoline to the right? A、Demand for gasoline. B、Price of gasoline. C、Number of producers of gasoline. D、Price of oil, an input into the production of gasoline简答题The actions of buyers and sellers naturally move markets toward equilibrium.多选题Which of the following would cause the demand curve to shift from Demand B to Demand C in the market for keyboards in a particular country? A、A decrease in the price of keyboards. B、A decrease in the price of computers. C、a change in consumer preferences toward working with tablets rather than with computers.an watching movies in movie theaters rather than at home D、a slower population growth ratedecrease in that country.ople in the United States简答题A movement upward and to the right along a supply curve is called a(n) ______. A、increase in supply B、decrease in supply C、decrease in quantity supplied D、increase in quantity supplied简答题Suppose that a decrease in the price of good X results in fewer units of good Y being demanded. This implies that X and Y are ______. A、complementary goods B、normal goods C、inferior goods D、substitute goods简答题Which of the following is not held constant in a supply schedule? A、Production technology. B、The price of the good. C、The prices of inputs. D、Expectations.简答题When the price of apples changes, the demand curve for apples _______. A、shifts because the price of apples is measured on the vertical axis of the graph B、shifts because the quantity demanded of apples is measured on the horizontal axis of the graph. C、does not shift because the price of apples is measured on the vertical axis of the graph D、does not shift because the price of apples is measured on the horizontal axis of the graph简答题When we move along a given demand curve, ______. A、only price is held constant B、income and price are held constant C、all nonprice determinants of demand are held constant D、all determinants of quantity demanded are held constant简答题If the price of a good is low, ______. A、firms would increase profit by increasing output B、the quantity supplied of the good could be zero C、the supply curve for the good will shift to the left D、firms can and should raise the price of the product简答题Which of these statements best represents the law of demand? A、When buyers’ tastes for a good increase, they purchase more of the good. B、When income levels increase, buyers purchase more of most goods. C、When the price of a good decreases, buyers purchase more of the good. D、When buyers’ demands for a good increase, the price of the good increases.简答题You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought and that this will cause the price of peanuts to double by the end of the year. As a result, your demand for peanut butter ______. A、will increase but not until the end of the year B、increases today C、decreases as you look for a substitute good D、shifts left today简答题Today's supply curve for gasoline could shift in response to a change in ______. A、today's price of gasoline B、the expected future price of gasoline C、the number of buyers of gasoline D、All of the above are correct.简答题A decrease in demand is represented by a ______. A、movement downward and to the right along a demand curve B、movement upward and to the left along a demand curve C、rightward shift of a demand curve D、leftward shift of a demand curve简答题Which of the following events would cause a movement upward and to the right along the supply curve for mangos? A、The number of sellers of mangos increases. B、There is an advance in technology that reduces the cost of producing mangos. C、The price of fertilizer decreases, and fertilizer is an input in the production of mangos. D、The price of mangos rises.简答题Suppose you like to make, from scratch, pies filled with banana cream and vanilla pudding. You notice that the price of bananas has increased. As a result, your demand for vanilla pudding would ______. A、decrease B、increase C、be unaffected D、There is insufficient information given to answer the question.