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Q 1/10
Score 0
When new technology for producing computers is used by manufacturers, the supply of computers increases
30
true
false
Q 2/10
Score 0
If the wage rate paid to chefs rises and all other influences on selling plans remain the same, the supply of restaurant meals will increase
30
false
true
10 questions
Q.
When new technology for producing computers is used by manufacturers, the supply of computers increases
1
30 sec
Q.
If the wage rate paid to chefs rises and all other influences on selling plans remain the same, the supply of restaurant meals will increase
2
30 sec
Q.
If the price of coffee is expected to rise next month, the supply of coffee this month will decrease.
3
30 sec
Q.
The supply of a good will increase and there will be a movement up along the supply curve of the good if the price of one of its substitutes in production falls.
4
30 sec
Q.
The quantity supplied of a good, service, or resource is ______ during a specified period and at a specified price.
5
30 sec
Q.
Which of the following indicates that the law os supply applies to makers of soda?
6
30 sec
Q.
If the price of asparagus is below the equilibrium price, there is a shortage of asparagus and the price of asparagus will rise until the shortage disappears.
7
30 sec
Q.
When the demand of skateboards decreases and the supply of skateboards remains unchanged, the quantity supplied of the skateboards decreases as the price rises
8
30 sec
Q.
The equilibrium price of a good occurs if the
9
30 sec
Q.
The number of people looking to buy ceiling fans increases, so there is an increase in the
