A decrease in demand and an increase in supply will

Asked by admin @ 05/11/2021 in Business viewed by 256 People

A decrease in demand and an increase in supply will Multiple Choice affect price in an indeterminate way and decrease the equilibrium quantity. increase price and affect the equilibrium quantity in an indeterminate way. decrease price and affect the equilibrium quantity in an indeterminate way. increase price and increase the equilibrium quantity.

Answered by admin @ 05/11/2021

Answer:

Decrease price and affect the equilibrium quantity in an indeterminate way.

Explanation:

When there is a fall in the demand for a particular product then as a result there is a leftward shift in the demand curve for this product. On the other hand, if there is an increase in the supply of a product then as a result there is a rightward shift in the supply curve of this product.

Hence, there is a fall in the equilibrium price level and the effect on equilibrium quantity is indeterminate because we don't know the magnitude of the shifts of demand and supply curve.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2747 persons

A decrease in demand and an increase in supply will

Similar Questions

A decrease in supply and a decrease in demand will

How do the laws of supply and demand affect money

An increase in demand and a simultaneous decrease in supply

Why is the law of supply and demand so powerful

In a balanced transportation model where supply equals demand

The variability in demand orders among supply chain participants

The idea of supply and demand is based on the development of

Both excess supply and excess demand are a result of

How can supply and demand affect job stability and income

Supply and demand are powerful forces in a free market

When prices drop below the point where supply and demand meet, it results in

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Which of the following would best complete this list?

What had the king decided to do before he saw the spider

Describe the karez in your own words

Most viewed questions in Business

Foolproof module 9 test answers

Interest rates are expressed as a percentage of

How to enhance knowledge regarding environmental factors through capsim?

Match the job titles with the career clusters.

A company that allows you to license software

Lupe is ready to open a checking account

Mays and mccovey are beer brewing companies

What must be marked on ready to eat bags phfs

Coq six sigma

Henry ford was the first entrepreneur to implement which strategy

Your company was recently served with a lawsuit

Case study starting a business project schedules and curves edgenuity

Which two of the four cs of credit have to do with earning potential and available cash?

The total annual expenditures on advertising in the united states