• 2022-06-06
    If the actual price were below the equilibrium price in the market for bread, a:
    A: surplus would develop that cannot be eliminated over time.
    B: shortage would develop, which market forces would eliminate over time.
    C: surplus would develop, which market forces would eliminate over time.
    D: shortage would develop, which market forces would tend to exacerbate.
  • B

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    • 0

      Which of the following would cause price to decrease? A: A、a decrease in supply B: B、an increase in demand C: C、a surplus of the good D: D、a shortage of the good

    • 1

      Assume there are only two airlines, Air China and Hainan Airlines, which fly directly from Beijing to Hainan. What would happen in the market demand for Air China if Hainan Airlines went out of business? A: The market demand curve would shift to the right. B: The market demand curve would shift to the left. C: There would be a movement to the right along the initial market demand curve. D: There would be a movement to the left along the initial market demand curve.

    • 2

      Which of the following would be considerations for an organisation in evaluating market segments and deciding which to target?

    • 3

      Suppose that the current price in a market for Pizza is $9. At that price, the quantity demanded is 519 and the quantity supplied is 400. In this market, we would expect that:

    • 4

      They kept on trying their best to develop their business, but in such _____market competition, they had no idea if success would come along one day. A: intense B: subsequent C: distinct