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2:10 Done MODULE NEW EXERCIS... Q A 17. A movement downward along a supply curve may be caused by A. A rise in the price
2:10 Done MODULE NEW EXERCIS... Q A 17. A movement downward along a supply curve may be caused by A. A rise in the price of inputs B. A fall in consumer's income An increase in supply A decrease in the number of sellers B. Assuming grilled chicken and potatoes salad are complements, a decrease in the price of grilled chicken will A. The decrease in the demand for grilled chicken B. Increase in the demand for grilled chicken C The decrease in the demand for potato salad De Increase in the demand for potato salad 19. Which of the following will result in a DECREASE in demand (.e. a leftward shift of the demand curve)? A. An increase in income, If the good is normal. B. A decrease in the price of a complement to the good. C. An increase in the price of a substitute for the good. D. None of the above. 20. A subsidy given by a government will cause the curve to shift to the A. demand, right B. demand, left C. supply. right D. supply, left PECI133 18 MICROECONOMICS Chapter 2: Demand. Supply & Market Equilibrium. Price St (after tax) Sa (before tax) Do A Quantity H 21, Which of the areas indicate the total tax paid by consumer? A. BCDE B. ABEF C. ACDF D. OBJH 22. Consumers pay more tax burden when A, demand is less elastic than supply B. demand is more elastic than supply C. demand is perfectly elastic D. supply is perfectly inelastic
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