题目内容

Today,producerschangedtheirexpectationsaboutthefuture.Thischange

A. can cause a movement along a supply curve. ​
B. can affect future supply, but not today’s supply. ​
C. can affect today’s supply. ​
D. cannot affect either today’s supply or future supply.

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Attheequilibriumprice,thequantityofthegoodthatbuyersarewillingandabletobuy

A. is greater than the quantity that sellers are willing and able to sell.​
B. exactly equals the quantity that sellers are willing and able to sell.​
C. is less than the quantity that sellers are willing and able to sell.
D. Either a) or c) could be correct.

Ifthedemandforaproductincreases,thenwewouldexpectequilibriumprice

A. to increase and equilibrium quantity to decrease. ​
B. to decrease and equilibrium quantity to increase. ​
C. and equilibrium quantity both to increase. ​
D. and equilibrium quantity both to decrease.

Ifthesupplyofaproductdecreases,thenwewouldexpectequilibriumprice

A. to increase and equilibrium quantity to decrease. ​
B. to decrease and equilibrium quantity to increase. ​
C. and equilibrium quantity to both increase. ​
D. and equilibrium quantity to both decrease.

Whensupplyanddemandbothincrease,equilibrium

A. price will increase. ​
B. price will decrease. ​
C. quantity may increase, decrease, or remain unchanged. ​
D. price may increase, decrease, or remain unchanged.

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