NAME Oliva. NoemiPRINT LAST NAME, FIRST NAMEWhich of the following would be expected to decrease the demand for textbooks?An increase in the price of textbooksA decrease in college enrollmentAn increase in financial assistance to college studentsA decrease in the tuition per college classNAM5.a.b.Ceteris paribus, an increase in the supply of tortillas causes the equilibriudecrease; increaseC.1.d.and the equilibrium quantity of tortillas todecrease; decrease6.C.tortillas toincrease; increaseincrease; decreased.a.b.Assuming tomato juice is a normal good, an increase in consumer income will cause anin the price of tomato juice.tomato juice and a(n)c.7.demand for; decreaseincrease in thedemand for; increasesupply of, increasesupply of; decreasea.d.b.Ceteris paribus, an increase in the demand for tortillas causes the equilibrium price e etortillas to8.and the equilibrium quantity of tortillas todecrease; increaseincrease; increaseincrease; decreasea.C.b.decrease; decreased.9.Assume teenagers in a town can either babysit or rake leaves to earn money on theweekends. Ceteris paribus, if the price paid for an hour of babysitting increases relativeto the price paid for an hour of leaf raking, then:the supply of teens available to rake leaves is likely to decrease.the supply of teens available to baby sit is likely to decrease.the demand for baby sitting is likely to increase.the demand for leaf raking is likely to decrease.a.b.C.d.10.Technological improvements that reduce the cost of manufacturing smaller personalcomputers combined with an increase in the demand for smaller personal computersresults in an increase in equilibrium:a.quantity, but no change in equilibrium price.price, but no change in equilibrium quantity.quantity, but the change in equilibrium price depends on the size of the shifts.price, but the change in equilibrium quantity depends on the size of the shifts.b.C.d.4 Assignments

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Asked Feb 5, 2020
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Question 9

NAME Oliva. Noemi
PRINT LAST NAME, FIRST NAME
Which of the following would be expected to decrease the demand for textbooks?
An increase in the price of textbooks
A decrease in college enrollment
An increase in financial assistance to college students
A decrease in the tuition per college class
NAM
5.
a.
b.
Ceteris paribus, an increase in the supply of tortillas causes the equilibriu
decrease; increase
C.
1.
d.
and the equilibrium quantity of tortillas to
decrease; decrease
6.
C.
tortillas to
increase; increase
increase; decrease
d.
a.
b.
Assuming tomato juice is a normal good, an increase in consumer income will cause an
in the price of tomato juice.
tomato juice and a(n)
c.
7.
demand for; decrease
increase in the
demand for; increase
supply of, increase
supply of; decrease
a.
d.
b.
Ceteris paribus, an increase in the demand for tortillas causes the equilibrium price e e
tortillas to
8.
and the equilibrium quantity of tortillas to
decrease; increase
increase; increase
increase; decrease
a.
C.
b.
decrease; decrease
d.
9.
Assume teenagers in a town can either babysit or rake leaves to earn money on the
weekends. Ceteris paribus, if the price paid for an hour of babysitting increases relative
to the price paid for an hour of leaf raking, then:
the supply of teens available to rake leaves is likely to decrease.
the supply of teens available to baby sit is likely to decrease.
the demand for baby sitting is likely to increase.
the demand for leaf raking is likely to decrease.
a.
b.
C.
d.
10.
Technological improvements that reduce the cost of manufacturing smaller personal
computers combined with an increase in the demand for smaller personal computers
results in an increase in equilibrium:
a.
quantity, but no change in equilibrium price.
price, but no change in equilibrium quantity.
quantity, but the change in equilibrium price depends on the size of the shifts.
price, but the change in equilibrium quantity depends on the size of the shifts.
b.
C.
d.
4 Assignments
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NAME Oliva. Noemi PRINT LAST NAME, FIRST NAME Which of the following would be expected to decrease the demand for textbooks? An increase in the price of textbooks A decrease in college enrollment An increase in financial assistance to college students A decrease in the tuition per college class NAM 5. a. b. Ceteris paribus, an increase in the supply of tortillas causes the equilibriu decrease; increase C. 1. d. and the equilibrium quantity of tortillas to decrease; decrease 6. C. tortillas to increase; increase increase; decrease d. a. b. Assuming tomato juice is a normal good, an increase in consumer income will cause an in the price of tomato juice. tomato juice and a(n) c. 7. demand for; decrease increase in the demand for; increase supply of, increase supply of; decrease a. d. b. Ceteris paribus, an increase in the demand for tortillas causes the equilibrium price e e tortillas to 8. and the equilibrium quantity of tortillas to decrease; increase increase; increase increase; decrease a. C. b. decrease; decrease d. 9. Assume teenagers in a town can either babysit or rake leaves to earn money on the weekends. Ceteris paribus, if the price paid for an hour of babysitting increases relative to the price paid for an hour of leaf raking, then: the supply of teens available to rake leaves is likely to decrease. the supply of teens available to baby sit is likely to decrease. the demand for baby sitting is likely to increase. the demand for leaf raking is likely to decrease. a. b. C. d. 10. Technological improvements that reduce the cost of manufacturing smaller personal computers combined with an increase in the demand for smaller personal computers results in an increase in equilibrium: a. quantity, but no change in equilibrium price. price, but no change in equilibrium quantity. quantity, but the change in equilibrium price depends on the size of the shifts. price, but the change in equilibrium quantity depends on the size of the shifts. b. C. d. 4 Assignments

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