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45. An increase in demand combined with no change in supply causes: Select one: a. the equilibrium price to rise. b. a movement rightward along

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45. An increase in demand combined with no change in supply causes: Select one: a. the equilibrium price to rise. b. a movement rightward along the demand curve. c. the equilibrium price to fall. O d. a decrease in demand because the supply curve does not shift. 1. Which of the following goods is most likely to experience large fluctuations in supply due to the lag between change in prices and producers responding to that change? Select one: a Mobile telephones b. Air travel c. Motor vehicles d. Wheat 33. Which of the following will shift the supply curve for good X leftward? Select one: a, a technological improvement in the production of X b. an increase in the cost of the machinery used to produce X c. a decrease in the wages of workers employed to produce X d. a situation in which quantity demanded exceeds quantity supplied

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