econ test problems
ple Attempts Not allowed. This test can only be taken once. ute, and 30 seconds remain. e Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Your answers are saved automatically. emaining Time: 1 hour, 18 minutes, 50 seconds. Question Completion Status: >Moving to another question will save this response. Question 5 This year the supply of LED flat-screen TVs is expected to increase. Other things being equal, which of the following is likely to occur as a result of the increased market supply? A. An increase in the market equilibrium price of the TVs and a decrease in the market equilibrium quantity. O B. An increase in the market equilibrium price of the TVs and an increase in the market equilibrium quantity. C. A decrease in the market equilibrium price of the TVs and an increase in the equilibrium quantity. D. A decrease in the market equilibrium price of the TVs and a decrease in the market equilibrium quantity. A Moving to another question will save this response. Question 3 Which of the following can result in a shortage of bread? A. A price ceiling on bread set below the market equilibrium price. O B. A price floor on bread set above the market equilibrium price. O C. A price floor on bread set below the market equilibrium price. O D. A price ceiling on bread set above the market equilibrium price. Priv Tern A Moving to another question will save this response enen P W TALK F7. f9 144aining Time: 1 hour, 19 minutes. 20 seconds. estion Completion Status: Moving to another question will save this response. Question 1 of 25 Question 1 4 points Save Answer The current price per share of the XYZ company, which is traded on the New York Stock Exchange, is $100. At that price the total quantity of shares demanded is 1000 and the total quantity supplied for trade is 500. It follows that A. $100 is the equilibrium price per share. B. There will be downward pressure on the price of shares of the XYZ company. O C. There will be upward pressure on the price of shares of XYZ company. O D. There is a shortage of shares of the XYZ company on the stock exchange. A Moving to another nuaction will cave this rocnonco 24 459 P W PDF TALK 2021-04-22 hp pri so de DE num backspacRemaining Time: 1 hour, 19 minutes, 11 seconds. Question Completion Status: Moving to another question will save this response. Question 2 In the 1970s, long lines at gas stations in the United States were primarily a result of the fact that O A. the U.S. government maintained a price ceiling on gasoline. O B. Americans typically commuted long distances. O C. OPEC raised the price of crude oil in world markets. O D. U.S. gasoline producers raised the price of gasoline. A Moving to another question will save this response O P W TALKS hp f6 f8 prt sc + 144 $10 DDI F12 Belet fZ. 19 *
