题目内容

Whenthepriceofagoodislowerthantheequilibriumprice,

A. a surplus will exist. ​
B. buyers desire to purchase more than is produced. ​
C. sellers desire to produce and sell more than buyers wish to purchase. ​
D. quantity supplied exceeds quantity demanded.

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Thelawofsupplystatesthat,otherthingsequal,anincreasein

A. price causes quantity supplied to increase. ​
B. price causes quantity supplied to decrease. ​
C. quantity supplied causes price to increase. ​
D. quantity supplied causes price to decrease.

Anincreaseinsupplyisrepresentedbya

A. movement downward and to the left along a supply curve.​
B. movement upward and to the right along a supply curve.​
C. rightward shift of a supply curve. ​
D. leftward shift of a supply curve.

Amovementupwardandtotherightalongasupplycurveiscalleda(n)

A. increase in supply. ​
B. decrease in supply.​
C. decrease in quantity supplied. ​
D. increase in quantity supplied.

Ifthereisashortageoffarmlaborers,wewouldexpect

A. the wage of farm laborers to increase. ​
B. the wage of farm laborers to decrease.​
C. the price of farm commodities to decrease.​
D. a decrease in the demand for substitutes for farm labor.

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