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When the price for hamburger rises, why do the demand for hamburger buns fall?

What effect will decrease in the price of inject printers have demand on the inject cartridges?

Explain the effect on the production of ice cream if the price of raw milk decreases

1. What is the fastest animal in the world

Does Bank builds its own income?

In which of the following instances will total revenue decline:

1. Price rises and demand is elastic.

2. Price rises and demand is inelastic

3. Price falls and demand is elastic.

4. Price rises and supply is elastic

In which of the following instances will total revenue decline?

a. Price rises and demand is elastic.

b. Price rises and demand is inelastic

c. Price falls and demand is elastic.

d. Price rises and supply is elastic 

In which of the following cases will total revenue increase?

a. Demand is elastic and price falls

b. Demand is inelastic price falls

c. Demand is elastic and price rises

d. Demand is inelastic and price rises.

In which of the following situations will total revenue increase?

A. Price elasticity of demand is 1.2, and the price of the good decreases.

B. Price elasticity of demand is 0.5, and the price of the good increases.

C. Price elasticity of demand is 3.0, and the price of the good decreases.

D. All the above.

 Who is the author of the book 'Nineteen Eighty Four'?

If the demand for donuts is elastic, then a decrease in the price of donuts will:

a. increase total revenue of donut sellers
b. decrease total revenue of donut sellers
c. not change total revenue for donut sellers
d. there isn't enough information

Assume that the price elasticity of demand is −0.5 for a product. If the price decreases, the total revenue will:

a. decrease

b. increase

c. remain constant

d. Any of the above based on the magnitude of price decrease

Say that the elasticity of demand for a good is 2. What will happen if we increase the price?

1. Demand will stay the same (the same number of people will want to buy the item).

2. Demand will go up, but very little (a few more people will want to buy the item).

3. Demand will go up by a lot (a lot more people will want to buy the item).

4. Demand will go down (fewer people will want to buy the item).

Tea and sugar are complementary goods. If the price of tea increases, what will happen to the demand curve for sugar?

 If consumer income increases, what will happen to the demand for product x?

If the price for a product increases, what will happen to the demand for its complementary product?

If the price of coffee increases, what will happen to the demand for tea?

What will happen to supply when, all else held constant, the prices of input increase?

1. 1. The demand curve will shift to the left

   2. The demand curve will shift to the right

   3. The supply curve will shift to the left

   4. The supply curve will shift to the right

What will happen when, all else held constant, the price of a substitute good falls?

1. 1. The demand curve will shift to the left

   2. The demand curve will shift to the right

   3. The supply curve will shift to the left

   4. The supply curve will shift to the right

What will happen to quantity supplied when, all else held constant, the price of a good falls?

1. 1. The quantity supplied will fall

   2. The quantity supplied will rise

   3. The quantity supplied will not change

   4. The quantity supplied will change as much as the quantity demanded

What will happen to quantity demanded when, all else held constant, the price of a good falls?

1. 1. The quantity demanded will fall

   2. The quantity demanded will rise

   3. The quantity demanded will not change

What are the features of a monopoly market?

What are the features of a monopoly?

The Fed funds rate is below the Fed's target. In response, the Fed _____ bonds, which _____ reserves and the money supply.

What are the features of money?

1. The price of the product A was reduced from Rs. 100 to Rs. 90 and, as a result, the quantity demanded has increased from 70 to 75 units. The demand is:
2. inelastic;
3. elastic;
4. unit elastic;
5. cannot be determined from the given information.

1. Which of the following defines marginal utility?

A. the change in total utility divided by the price of a product

B. the maximum amount of satisfaction from consuming a product

C. the total satisfaction received from consuming as much of the product that is available for consumption

D. the additional satisfaction received from consuming one more unit of a product

Total utility is equal to which of the following:

if income falls then in new consumer equlibrium

 a )marginal utilty from normal good decrease 

b)marginal utilty from inferior good decrease 

c)total utilty from noral good increase

d )the marginal utility from  noral good increase

In most common law jurisdictions, a criminal defendant has to be found guilty both in mind and in deed. But there are exceptions to the principle that "guilty mind" must be proved. True or false? Elaborate.

What is the effect on product x if the price of product y decrease 

what is law

Diminishing marginal returns means that as you combine more units of a variable resource with a set of fixed resources:

a. the marginal physical product of the variable input decreases.

b. the average physical product of the fixed inputs increases at an increasing rate.

c. the marginal physical product of the variable input increases at a decreasing rate.

d. the total output decreases.

e. the marginal physical product of the variable input increases at a constant rate.

What is a liquid asset ?

Why are buyers and sellers price takers in a perfectly competitive market?

The law of diminishing returns indicates that:

(i) as extra units of a variable resource are added to a fixed resource the marginal product will decline beyond some point.

(ii) because of economies and diseconomies of scale, a competitive firm's long-run average cost curve will be U-shaped.

(iii) the demand for goods produced by purely competitive industries is downsloping.

(iv) beyond some point, the extra utility derived from additional units of a product will yield the consumer smaller and smaller extra amounts of satisfaction.