1. An increase in the demand for guitars is represented by the movement from...

Question

1.

An increase in the demand for guitars is represented by the movement from...

Question 1 options:

point B to point C

point B to point A

D1 to D0

2.

D1 to D2

A decrease in quantity demanded is represented by...

Question 2 options:

point B to point C

point B to point A

D1 to D0

D1 to D2

3. Hops are used to produce beer. If the price of hops decreases then...

Question 3 options:

the demand for beer increases

the demand for beer decreases

the supply of beer increases

the supply of beer decreases

4. If the number of beer producers decreases then the equilibrium price will _____ and the equilibrium quantity will ______.

Question 4 options:

increase, increase

increase, decrease

decrease, decrease

decrease, increase

5. The price of I-pods has fallen. Which of the following is likely to happen...

Question 5 options:

the supply of I-pods will fall

the supply of I-pods will rise

the quantity supplied of I-pods will rise

the quantity supplied of I-pods will fall

point B to point C

point B to point A

D1 to D0

2.

D1 to D2

A decrease in quantity demanded is represented by...

Question 2 options:

point B to point C

point B to point A

D1 to D0

D1 to D2

3. Hops are used to produce beer. If the price of hops decreases then...

Question 3 options:

the demand for beer increases

the demand for beer decreases

the supply of beer increases

the supply of beer decreases

4. If the number of beer producers decreases then the equilibrium price will _____ and the equilibrium quantity will ______.

Question 4 options:

increase, increase

increase, decrease

decrease, decrease

decrease, increase

5. The price of I-pods has fallen. Which of the following is likely to happen...

Question 5 options:

the supply of I-pods will fall

the supply of I-pods will rise

the quantity supplied of I-pods will rise

the quantity supplied of I-pods will fall

Explanation / Answer

1 and 2 , Image n't visible.

3. the supply of beer increases

4. increase, decrease

5. the quantity supplied of I-pods will fall

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