Supply and Demand

A. normal goods
B. unrelated goods
C. Substitutes.
D. Complements

A. elastic
B. perfectly elastic
C. unitarily elastic
D. inelastic.

A. zero elastic
B. elastic
C. perfectly elastic
D. inelastic

A. a decrease in supply.
B. a rise in income
C. a fall in the number of substitute goods
D. a rise in the price of inputs

A. increase price but not output
B. increase output but not price
C. increase output and price
D. decrease output and price

A. price to fall
B. quantity supplied to decrease.
C. price to rise
D. quantity demanded to increase

A. As the price of calculators rise, the quantity supplied of calculators decreases, ceteris paribus.
B. As the price of calculators calls the supply of calculators increases, ceteris paribus.
C. As the price of calculators rise, the quantity supplied of calculators increases, ceteris paribus.
D. As the price of calculators rise, the supply of calculators increases ceteris paribus.

A. an inferior good
B. a normal good
C. a complementary good
D. a substitute good

A. complements
B. substitutes
C. inferior
D. nromal

A. Pepsi’s advertising is not as effective as in the past .
B. The price of Coca Cola has increased,
C. Pepsi consumers had an increase in income.
D. The price of Pepsi increased