--%>

Market shifting in equilibrium

When market begins in equilibrium at point e upon S0D0 and in that case young American families increasingly "inherit" furniture like their baby-boomer parents move within smaller retirement homes, that market will tend to shift in the direction of: (1) point i. (2) point h. (3) point a. (4) point d. (5) point f.

1001_Market shifting in equilibrium.png

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

   Related Questions in Microeconomics

  • Q : Government analysts discount future

    When the interest rate is 10 percent yearly and government analysts discount the future benefits by a public project at 5 percent per year, then there will be an overstatement of the: (w) present value of the future benefits. (x) present value of aver

  • Q : Post tax and transfer distribution of

    By looking the post tax and transfer distribution of income, all even constant, an increase into the progressivity of income taxes must: (w) shift the Lorenz curve outward. (x) shift the Lorenz curve upward. (y) not influence the Lore

  • Q : External costs and external benefits

    Question: (a)         Explain the impact of external costs and external benefits on resource allocation; (b)     

  • Q : On which point demand appears to be

    On this demonstrated figure of demand curve for DVD games, demand appears to be approximately unitarily elastic at: (w) Q = O, P = $50. (x) Q = 10, P = $O. (y) Q = 5, P = $25. (z) No point on the demand curve.

    Q : Relationship between MC and ATC What

    What happens to ATC if MC < ATC? Answer: ATC will down or fall.

  • Q : Define monetary policy Define monetary

    Define monetary policy? What monetary measure can be accepted to control the condition of excess demand? It is the policy accepted by central bank exercising control over money rate of interest and credit situatio

  • Q : Jurisdictional Strikes The Taft-Hartley

    The Taft-Hartley Act prohibited strikes against a firm over the issue of which of the two or more competing unions would symbolize the firm’s employees. These strikes are termed as: (i) Jurisdictional strikes. (ii) Strategic representation strikes. (iii) Wildcat

  • Q : Problem on price elasticity and total

    A) Use the table below to draw graphs that show the relationship between price elasticity of demand and total revenue. <

  • Q : Less equally distribution of wealth In

    In the United States, wealth appears to be: (1) more equitably distributed than income tax burdens. (2) less equally distributed than income. (3) distributed much more equally than in communist countries. (4) weak in generating income for wealthy indi

  • Q : Marginal Utility-Consuming extra unit

    The satisfaction gained from consuming an additional unit of the good is: (1) Always diminishing. (2) Its marginal utility. (3) Objectively measurable. (4) Equivalent to one util. Choose the right answer from the above options.