Reduction in quantity, When equilibrium moves from point a to point b in the figure shown

Reduction in quantity

When equilibrium moves from point a to point b in the figure shown below, the only market experiencing a reduction in quantity supplied is illustrated in: (1) Panel A. (2) Panel B. (3) Panel C. (4) Panel D.

Can someone help me in getting through this problem.

View Complete Question

Related Questions in Macroeconomics

Q : Difference between APC and MPC

Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average

Q : List Which of the following lists

Which of the following lists includes only capital resources (and ther Which of the following lists includes only capital resources (and therefore no labor or land resources)?

Q : Change in stock Why change in stock is

Why change in stock is considered a portion of final expenditure? Answer: The Unsold stocks left with producers are supposed as purchased by the producers themselve

Q : Value of exports of goods A country’s

A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?

Q : Merger and acquisition of firms

Question: Suppose firm 1 and firm 2 merge. Call the new firm A. It has output xA and profit πA. Suppose there is Cournot competition after the merger. For now, we assume that the marginal cost of Firm A, the mer

Q : Declines of percentage of income paid

Since the percentage of income paid in taxes generally declines as taxpayer income increases, standard sales taxes and “sin” taxes [for example, excise taxes upon liquor or tobacco] are illustrations of: (1) proportional t

Q : Transactions demand for money The basic

The basic determinant of the transactions demand for money is the

Q : Explain growth accounting. Economic

Economic growth is measured by the rate of increase in national output, GDP. The output depends on inputs -labour, capital technology etc. the theories of economic growth bring out how and to what extent each input or factor contributes to the g

Q : Maximum Consumer Surplus Assume that

Assume that you receive $18 worth of ‘jollies’ (that is, utility, satisfaction or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding the holes drops $1 for each and every hole played. You shou

Q : Would inflation targeting be a good

Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment?

Discover Q & A

Leading Solution Library

Avail More Than 1449551 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1932921
Asked

3,689

Active Tutors

1449551

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment