A decrease in demand for a products should ?

Related Mcqs:

1. When the decrease in the price of one good causes the demand for another good to decrease, the goods are_________?

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

2. An increase in consumer income will increase demand for a _________ but decrease demand for a?

   A. substitute good, inferior good
   B. normal good inferior good
   C. inferior good normal good
   D. normal good, complementary good

3. Suppose that the demand curve for tin is highly inelastic. If the supply curve of tin decrease and increase cyclically along the demand curve for tin then in this market the size of the price fluctuation will be __________ the size of the quantity fluctuations?

   A. relatively greater then
   B. relatively less than
   C. the same as
   D. any of the above

4. Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ?

   A. Rs80 million
   B. Rs20 million
   C. Rs 15 million
   D. Rs26.67 million

5. If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is ?

   A. a normal good
   B. none of these answers
   C. an inferior good
   D. a substitute good

6. Suppose that the supply curve of tin is highly inelastic. If the demand curve of tin decrease and increase cyclically along the supply curve of tin, then in this market the size of the quantity fluctuation will bathe size of the price fluctuations ?

   A. relatively greater than
   B. relatively less than
   C. the same as
   D. Any of the above

7. A decrease in the demand or fish ?

   A. decrease the value of the marginal product of fishermen reduces their wage, and reduces employment in the fishing industry
   B. increase the value of the marginal product of fishermen increase their wage, and increase employment in the fishing industry.
   C. decrease the value of the marginal product of fishermen, reduces their wage, and increases employment in the fishing industry
   D. increase the value of the marginal product of fishermen increase their wage and decreases employment in the fishing industry

8. Suppose there is an increase in the both the supply and demand for personal computers Further, suppose the supply of personal computer increase more than demand for personal computers In the market for personal computers i the market for personal computers, we would expect ?

   A. the change in the equilibrium quantity to be ambiguous and the equilibrium price to fall.
   B. the equilibrium quantity to rise and the equilibrium price to rise
   C. the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous
   D. the equilibrium quantity to rise and the equilibrium price to fall
   E. the equilibrium quantity to rise and the equilibrium price to remain constant

9. An increase in aggregate demand is more likely to lead to demand pull inflation if ?

   A. Aggregate supply is perfectly elastic
   B. Aggregate supply is Perfectly inelastic
   C. Aggregate supply is unit elastic
   D. Aggregate supply is relatively elastic

10. The idea that the demand for car workers stems from the demand for cars is ?

    A. output demand
    B. indirect demand
    C. derived demand
    D. the value of the marginal product of auto workers.