ECON 545 Week 3 Imperfect Competition – Quiz

Published on January 2018 | Categories: Business/Law | Downloads: 46 | Comments: 0 | Views: 368
Download PDF   Embed   Report

ECON 545 Week 3 Imperfect Competition – Quiz Click Link Below To Buy: http://hwcampus.com/shop/econ-545-week-3-imperfect-competition-quiz/ Contact Us: [email protected] 1. (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? (Points : 10) 2. (TCO A) Peanut butter and jelly are complements in consumption. The price of jelly falls. (4 pts.) What happens to the demand for peanut butter? (6 pts.) What happens to the demand for jelly? (Points : 10) 3. (TCO A) The number of new home sellers in a given market decreases. (4 pts.) What happens to the supply of new homes? (6 pts.) What happens to the demand for new homes? (Points : 10)

Comments

Content

ECON 545 Week 3 Imperfect Competition – Quiz Click Link Below To Buy: http://hwcampus.com/shop/econ-545-week-3-imperfect-competition-quiz/ Contact Us: [email protected] 1. (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? (Points : 10) 2. (TCO A) Peanut butter and jelly are complements in consumption. The price of jelly falls. (4 pts.) What happens to the demand for peanut butter? (6 pts.) What happens to the demand for jelly? (Points : 10) 3. (TCO A) The number of new home sellers in a given market decreases. (4 pts.) What happens to the supply of new homes? (6 pts.) What happens to the demand for new homes? (Points : 10)

Sponsor Documents

Or use your account on DocShare.tips

Hide

Forgot your password?

Or register your new account on DocShare.tips

Hide

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close