--%>
Assignment Help - homework help

Determine price and quantity when demand and supply rise

When the demand and supply for a good both raise, price: (w) and quantity both rise. (x) and quantity both fall. (y) falls but quantity increases. (z) changes need more information, when quantity rises.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Problem regarding to present value and

    When the price of a financial asset is of $2,000 and the interest rate is 10 percent, in that case investment is not reasonable for: (1) a perpetuity paying $200 annually. (2) an income stream paying $1000, $800, and $600, respectivel

    		•
  • Q : Relationship between Total utility and

    Describe the relationship between Total utility (TU) and Marginal utility (MU)? Answer:

    Q : Taxes on pure land rent Taxes on pure

    Taxes on pure land rents: (1) especially distort economic behavior. (2) are forward shifted to consumers. (3) transfer income from the public treasury to private landowners. (4) are allocatively neutral relative to most alternative taxes. (5) are over

    		•
  • Q : Change in supply of good and in price

    When a change in the supply of a good causes a percentage change within price which exceeds in absolute value the resulting percentage change within quantity demanded, then demand is relatively: (1) price elastic. (2) inferior. (3) no

    		•
  • Q : Increase total revenue by increasing

    A monopolist can raise total revenue by increasing output when: (w) demand is elastic. (x) demand is inelastic. (y) demand is unitarily elastic. (z) supply is perfectly elastic. Can someone explain

    		•
  • Q : Competition and Social Welfare The

    The purely competitive firm in an output market which hires from a purely competitive labor market will use labor at the point where VMP = W as the firm: (i) Operates in the society's best interest. (ii) Wants to be pretty fair to workers. (iii) Is eg

    		•
  • Q : Predictable Flows of Income Vigorous

    Vigorous competition for predictable flows of income recommends that federal agricultural subsidies will tend to be rapidly: (1) spent because most farmers lack sufficient budgeting skills. (2) capitalized within higher prices for farm land. (3) slash

    		•
  • Q : When is demand perfectly price inelastic

    Demand is perfectly price inelastic when the quantity demanded for Pixie’s cheesy fried grits is of: (w) zero. (x) P4. (y) P2. (z) More information is required.

    Q : Problem on Competitive Equilibrium When

    When a purely competitive firm functions in a competitive resource markets in short run then the firm: (i) Confronts an inelastic supply curve for the output. (ii) Purchases inputs till the net cost of inputs equivalents the net value of outputs. (iii

    		•
  • Q : Profits or losses at wholesale price on

    When the wholesale price per bushel of peaches is $9, Cling Peach Orchards would be probably to break even when its peach orchard produced approximately: (i) 2000 bushels of peaches. (ii) 2500 bushels of peaches. (iii) 3000 bushels of

    		•