--%>

Determine prise when demand decrease and supply increase

In this market for textbooks, demand has transferred from D0 to D1 and supply varied from S0 to S1. Such market for textbooks has experienced as: (w) a raise in demand and supply. (x) a reduce in demand and supply. (y) a raise in supply and a reduce in demand. (z) a raise in demand and a reduce in supply.

1973_demand for textbooks.png

How can I solve my economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Increasing supply problem Whenever the

    Whenever the equilibrium in the figure shown move from point a to point b, raised supply has taken only in the market illustrated in: (i) Panel A. (ii) Panel B. (iii) Panel C. (iv) Panel D.

    Q : Expectations in market demands for

    Present market demands for most of the durable goods tend to rise if: (1) Their prices are predicted to rise in the near future. (2) Consumers expect growth in supplies of substitutes. (3) Technological advances make present models obsolete. (4) The p

  • Q : Labor Unions Strikes-Limiting the

    Can someone please help me in finding out the accurate answer from the following question. The word regular unionized employees apply to non-union workers who get jobs with firms whenever the unionized employees strike for maximum wages and enhanced working conditions

  • Q : Negative marginal revenue Monopolies

    Monopolies will not function in the inelastic portion of the demand curves they face since: (w) marginal revenue is negative. (x) total revenues are negative. (y) total revenue falls as less is produced. (z) marginal revenue is always greater than mar

  • Q : Why the slope budget line downward

    Describe why is the budget line slope downward?

  • Q : Evidence of Asymmetric information Can

    Can someone please help me in finding out the accurate answer from the following question. The Extensive fire damage in a neighborhood where almost everyone has fire insurance is an apparent evidence of: (1) Cost inflation in service sector. (2) Ineffective resource a

  • Q : Problem on organizing the business The

    The individual who wants to begin up a business, however who not want to risk in losing personal property if the business fails, must organizes the business as: (1) Sole proprietorship. (2) Partnership. (3) Corporation. (4) Unlimited partnership.

    Q : Unitary price elasticity demand For

    For Cournot’s Spring Water the demand has unitary price elasticity at: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

    Q : Possibility of price discrimination

    Price discrimination is not possible when: (w) arbitrage is impossible. (x) all consumers have identical demand curves for the good. (y) firms are not price takers. (z) products are differentiated. Please choose th

  • Q : Purely competitive and monopolistic

    Which one is correct ? A) Both purely competitive and monopolistic firms are "price takers." B) Both purely competitive and monopolistic firms are "price makers." C) A purely competitive firm is a "price taker," while a monopolist is a "price maker." D) A purely compe