Cricket- 24% 3:05 PM Practice Exa 39. If consumer demand for a product decreases, the demand curve would move: a. to the left. h. upward. c. to the right. d. downward. e. There would be no change in the demand curve. 4D. Consumer income and the prices of substitute and complementary products are factors that can affect the a. inflation rate b. deflation rate c. demand curve d. supply curve e. competitive balance 41. The shows the quantity of a given product that producers are willing to sell at different prices at a specific point in time. a. equilibrium point b. business cycle c. supply curve d. cpetitive analysis 8. demand curve 42. What is the point at which the quantity supplied equals the quantity demanded? a. Fixed b. Equilibriurm c. supplydemand crossover d. balancing 8. marginal is rivalry among businesses for the sarme a. Demand b. Stabilization 43. e Monopoty 44. What is the termi that describes two or more suppliers in pursuit of the sarne customers? b. Price fxing c. Cooperation d. Stabilization 45. In nearty all US. cities, there is only one provider ot electric power in a given geographic area. This is an example of what type of competition? a. Monopoty b. Anarchy c. a competitive cartel d. pure competition e. monopolistic competition 46. There are 24 pizza restaurants in the same small city. Each restaurant claims to have the "best pizza in town" and advertises the ways in which its pizza is difterent and better that their competitors' pizza. This would be an example of a. a monopoly h. anarchy c. a competitive cartel d. Monopolistic competition e. pure competition 47. The period in the business cycle when consurners begin to buy more goods and services, manufacturers begin to produce more goods, and employment is relatively high is known as a. Deregulation