Which is not a determinant of demand? *   A) income B) the cost of inputs in production C) the prices of related good D) future price expectations

Q: The use of raw materials is an important element of the non-price determinant known as…

A: The non-price determinant is a factor that influences the demand and supply for goods apart from…

Q: goods (FMCG) dollar sales soared to $77.9 billion across all U.S. channels for the 52 weeks ended…

A: *Answer:

Q: Advise on the process to be followed to eliminate market disequilibrium in the economy, in the…

A: A market is the collection of buyers and sellers. Demand and supply are two market forces of a…

Q: Which of the following statements is (are) correct? (x) If the number of sellers in a market…

A: DETERMINANTS of demand and supply shoes the relationship between price and quantity negative and…

Q: The new home market tends to be highly cyclical.  Prices and home sales depend on the broader…

A: Copper pipes and wiring are used in making new homes.  Shortage of copper pipes and wiring will…

Q: Determinants of Demand include the following:     (a) Changes in supply     (b) Prices of goods…

A: Demand refers to the quantity that consumers are willing to buy at specific point of time .  Demand…

Q: An increase in the expected price of commodity would likely to follow the current supply and demand…

A: Demand shows the quantities of goods that a customer is willing to buy at various prices over a…

Q: Due to good weather, there is an increase in the demand for the good. The new demand equation is Qd…

A: Government decide to maintain the number of Quatos = 36 I) Price Observed in market2P = 190 - Q  P =…

Q: For each of the following changes, determine whether there will be a change in quantity supplied or…

A: When there is a change in price of the good, then it brings movement along the demand or supply…

Q: Shortages normally accompany an effective price floor.  True  False

A: Shortage is occurs when the demand is high in market supply is low. When there is a shortage of food…

Q: Which of the followling statements is correct? Multiple Cholce If supply Increases and demand…

A: Answer: Correct option: A (If supply increases and demand decreases, equilibrium price will fall)…

Q: What happened to the Pe and Qe if the market supply increase by 5% at all price levels without any…

A: The equilibrium price is the price at which demand equals supply. An increase in supply causes the…

Q: Why expectation for future prices is one of the factors that can affect supply?

A: Supply is a positive function of price. Firms increase their supply when the price of their goods…

Q: Discuss, with the use of demand and supply diagrams, how each of the following scenarios may…

A: a. The increase in interest rates will increase the cost of borrowing which means it will be…

Q: Explain price determination in a competitive market, and show how equilibrum changes in response to…

A: Perfect competition refers to the market structure featuring more number of sellers and buyers in…

Q: The main determinant of the behavior of people in which the law of demand applies is the…

A: The quantity demanded of any good is the amount which the people are willing and able to buy at…

Q: During 2009, incomes feel sharply due to the financial crisis of 2008-2009. This change likely led…

A: Given statment is that During 2009, incomes feel sharply due to the financial crisis of 2008-2009.…

Q: Expectations about price changes will affect:A) the demand curve only. B) both the demand and supply…

A: The expectation in economics states that the forecast of the decision-makers about prices, income,…

Q: Consider the market demand for donuts. Complete the following table by indicating whether an event…

A: Movement along demand curve: When a change in the price of the commodity causes changes in quantity…

Q: Explanation of possible effects of higher oil prices on different types of firms and consumers

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: What are the various factors which may influence the demand for intermediate goods like cables?…

A: Intermediate goods are those goods that are demanded not for their direct consumption, but it is…

Q: Futures markets in coal can signal which of the following kinds of information? I. They can signal…

A: Natural gas, coal, oil, and nuclear energy are examples of non-renewable energy sources. These…

Q: Consider the market for minivans. For each of the events listed, identify which of the determinants…

A: The income determinant of demand is affected. The amount that can be used for spending by households…

Q: Price Assume that the housing market is in equilibrium in year 1. In year 2, the mortgage rate that…

A: Answer: If the mortgage rate falls then buying houses will become cheaper. As a result, the demand…

Q: A feature of goods and service markets is that they consider the different prices and quantities…

A: The demand shows people ability and willingness to purchase goods and services while supply shows…

Q: Assume that the housing market is in equilibrium in year 1. In year 2, the mortgage rate that banks…

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at…

Q: An inflationary gap occurs when: * a. we need to increase prices b. real output is too low. c.…

A: The government's expansionary monetary policies are thought to be the primary cause of the…

Q: Changes in prices can be attributed to shifts in the supply curve, the demand curve, or both. In…

A: There are various factors that influence the demand and supply curve . following is the demand and…

Q: Which of the following would NOT be a determinant of demand?    A. the price of related goods  B.…

A: Option B does not effect demand.  Price of inputs affect the Supply of a good, not demand.

Q: D2 D1 Do Quantity Refer to the figure above. Using the graph above and beginning on D1, a shift to…

A: Price: It refers to the cost of the goods and services on which these goods are available to the…

Q: Sale on Iphone effects Phone Cases A) Related Goods- Subsitute B) Income C) Taste in Preferences…

A: In a market, any change in the price of one good will have a significant impact on the quantity…

Q: Which of the following is likely to occur if an increase in legal immigrants significantly reduces…

A: Answer: B. Aggregate supply will increase (shift right) Explanation: If an increase in legal…

Q: Discuss in brief the various techniques of demand forecasting.

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: Consider an economy consisting of some firms with flexible prices and some with rigid prices. Let på…

A: The substitution impact refers to the change in demand for a good as a consequence of a change in…

Q: Suppose equity and real estate values increase so that families with investments in stocks or homes…

A: Law of demand states that other things remaining constant when the prices of a commodity rises, its…

Q: There is an increase in demand for personal computers at the same time their input costs fall. What…

A: Cost that is incurred when a good is produced is called cost of production

Q: A change in which of the following will cause a movement along the supply curve? Select one: a.…

A: A supply curve denotes the positive relationship between price and quantity supplied so the movement…

Q: Suppose there is an expectation of a rapid general price increase in goods and services in Australia…

A: Aggregate demand (AD) is the sum total amount of commodities and services demanded in an economy at…

Q: Expectations about price changes will affect A) the demand curve only. B) both the…

A: Correct answer is option B) both the demand and supply curves.

Q: L Moving to another question will save this response. Question 10 Price Level P3 P2 P₁ Y₁ LRAS Y₂ an…

A: Leftward shift in SRAS shows decrease in short run aggregate supply.

Q: 27.​Increase and decrease in supply is due to ______________________factors keeping the price…

A: Answer: ​Increase and decrease in supply are due to other factors keeping the price constant.…

Q: For each of the following changes, determine whether there will be a change in quantity supplied or…

A: A change in quantity supplied is said to take place when there is a movement (either up or down)…

Q: Due to good weather, there is an increase in the demand for the good. The new demand equation is Qd…

A: Answer-5. Shown in the graph   Qd = 190 - 2d and Qs = -15 + p The production quote is 72 Price = 72…

Q: For each of the following changes, determine whether there will be a change in quantity supplied or…

A: The determinants of supply are namely , production cost , producer expectation , technology and…

Q: The new home market tends to be highly cyclical.  Prices and home sales depend on the broader…

A: A robust economic expansion raises personal incomes.  An increase in personal income will increase…