--%>

Determine the equilibrium prises

When both sellers and potential buyers suppose prices for rider lawn mowers to raise as summer approaches, in that case throughout March and April (in the short run), the equilibrium: (w) price falls but quantity changes are ambiguous. (x) price rises but quantity changes are ambiguous. (y) quantity rises but price changes are ambiguous. (z) quantity falls but price changes are ambiguous.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Problem on Proprietorships Can someone

    Can someone please help me in finding out the accurate answer from the following question. The most general legal form of business in United States is: (1) Sole proprietorships. (2) Partnerships. (3) Cooperatives. (4) Corporations.

  • Q : Difference between planned and actual

    Differentiate between planned and actual saving and investment. Answer: There is a big difference between (a) planned S and I and (b) Actual saving and investment.<

  • Q : Functions of Profits and Losses The

    The functions of profits into a market economy do NOT comprise: (1) stimulation for firms to be innovative and efficient. (2) compensating savers for delays of consumption. (3) signaling changing business conditions. (4) inducing mimi

  • Q : Importance of strategic management

    Explain in brief about the importance of strategic management towards the success of a business?

  • Q : Produce a natural monopoly by market

    Market forces tend to produce a natural monopoly while: (1) decreasing costs are small relative to market demand for output. (2) diseconomies of scale are substantial at low levels of output. (3) economies of scale are substantial relative to market d

  • Q : Problem on market supply of labor Can

    Can someone please help me in finding out the accurate answer from the following question. The marginal resource cost for monopsonist in the labor market which can’t wage discriminate: (1) Is perfectly elastic. (2) Is perfectly inelastic. (3) Lies above the mark

  • Q : Aggregate Supplies of Labor The

    The Supplies of labor from a specified population mainly depend on the: (1) Structure of wage rates. (2) Labor force participation rates of different population sub-groups. (3) Individual preferences for the work and income versus the leisure. (4) Levels of investment

  • Q : Substitutes and compliments pizza and

    pizza and sausage substitute or compliment wheat and rye substitute or compliment

  • Q : Decisions of oligopoly firm on price

    Within an oligopoly each firm: (w) ignores the pricing strategies of rival firms. (x) faces a horizontal demand curve. (y) should make decisions on price and output based on expected or actual actions of its rival. (z) has little control over the mark

  • Q : Featherbedding-Carpenter union problem

    The carpenters union is capable to force agreement by the furniture manufacturer in Loblolly, North Carolina which the plant hire at least one carpenter per machine to ensure performance at such stations is proficient. This now outlawed strategy is termed as: (i) Feat