--%>

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 : Profit-maximizing firms with monopsony

    Unlike the competitive employers, profit-maximizing firms with the monopsony power will: (1) Set any salary they want and hire as lots of workers as they want. (2) Make any amount and charge any price they desire for output. (3) Be expected to try to make the most of

  • Q : Functions of price mechanism What are

    What are the various functions of price mechanism in a free market economy?

  • Q : Marginal Productivity Theory about

    Differences into the demands for various resources, into the talents and kinds of labor people possess, within labor/leisure trade-offs, into inheritances, and by luck all play roles into explaining: (1) differences in income among individuals. (2) the term structure

  • Q : Demand of consumers-supply of seller

    Consumers’ demand prices and sellers’ supply prices may be different in equilibrium due to: (w) arbitrage. (x) expectations about availability. (y) the invisible hand. (z) government subsidies or tax wedges.

  • Q : Patent new invention included in

    Predatory behavior would not comprise: (w) aggressive advertising. (x) monopolizing access to essential resources. (y) lowering prices. (z) getting a patent on a new invention which is likely to start a new industry.

    Q : Recommendation of data on poverty Data

    Data on poverty into the United States recommend that the: (w) sex of the head of the family is unrelated to the poverty rate. (x) race of the head of the family is unrelated to the poverty rate. (y) families headed by African-American or Hispanic wom

  • Q : Problem on Rational Ignorance Not

    Not learning the whole thing possible regarding someone prior to you marry them is an illustration of: (i) Adverse selection. (ii) Moral hazard. (iii) Economic dishonesty. (iv) Blind indifference. (v) Rational ignorance. Choose the

  • Q : Problem on average retail price and the

    Table indicate the average retail price of milk and the Consumer Price Index in the year 1980 -1998. 1010_Average</span></p>
                                        </div>
                                        <!-- /comment-box -->
                                    </li>
   
   </td>
	</tr><tr>
		<td>
       
      <li>
                                        <div class=

    Q : Concept of pure rent in economics Pure

    Pure economic profit is most closely associated to the concept of: (1) exploitation of labor. (2) opportunity cost. (3) pure rent. (4) pure oligopoly. (5) capitalization. I need a good answer on the topic of

  • Q : Shutdown point in minimum revenue for

    The minimum revenue which will induce a firm to produce a specified output in place of shutting down into the short run is the: (a) maximum such consumers are willing to pay for that output. (b) total variable cost of producing such output. (c) short-