Ceteris paribus, an increase in

  1. If supply of a good decreases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
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  2. If supply of a good increases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
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  3. If demand for a good increases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
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  4. Assuming serious drought leads to a decrease in supply of rice. This causes the equilibrium price to __________ and equilibrium
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  5. Assuming serious drought leads to a decrease in supply of rice. This causes the equilibrium price to __________ and equilibrium
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  6. Ceteris paribus, an increase in the price of DVD players would tend toA decrease the demand for DVD players. B increase the
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  7. 1.Which of the following is consistent with the law of supply?a.As the price of calculators rises, the supply of calculators
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  8. Assuming beef steak is a normal good, the increase of household income causes the equilibrium price to __________ and the
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  9. Sunscreen and beach towels are complementary goods. If the price of sunscreen increases, ceteris paribus, _____.(1 point)Respons
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  10. Mugg & Bean as well as Wimpy have entered the market to sell pizzas. This causes the equilibrium price to __________ and the
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