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An increase in ( ) will cause a movement along a given demand curve, which is called a change in ( ) .

A. supply, demand
B. supply, quantity demanded
C. demand, supply
D. demand, quantity supplied

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Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises,what happens in the market for ketchup? ( )

A. The supply curve shifts to the left.
B. The supply curve shifts to the right.
C. The demand curve shifts to the left.
D. The demand curve shifts to the right.

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A linear, downward-sloping demand curve is ( )

A. inelastic.
B. unit elastic.
C. elastic.
D. inelastic at some points, and elastic at others.

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The equilibrium price of coffee mugs rose sharply last month, but the equilibrium quantity was the same as ever. Three people tried to explain the situation. Which explanations could be right? ( ) Billy: Demand increased, but supply was totally inelastic. Marian: Supply increased, but so did demand. Valerie: Supply decreased, but demand was totally inelastic.

A. Billy and Valerie
B. Marian and Valerie
C. Billy and Valerie
D. Only Billy

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Which of the following would increase quantity supplied, decrease quantity demanded, and increase the price that consumers pay? ( )

A. the imposition of a binding price floor.
B. the removal of a binding price floor.
C. the passage of a tax levied on producers .
D. the repeal of a tax levied on producers .

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An increase in ( ) will cause a movement along a given demand curve, which is called a change in ( ) .

A. supply, demand B. supply, quantity demanded C. demand, supply D. demand, quantity supplied

Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises,what happens in the market for ketchup? ( )

A linear, downward-sloping demand curve is ( )

Which of the following would increase quantity supplied, decrease quantity demanded, and increase the price that consumers pay? ( )

A. supply, demand
B. supply, quantity demanded
C. demand, supply
D. demand, quantity supplied