Soru 29. (2.5 puan)According to the below graph, if supply for a good (Supply 1) is constant but its demand increases, which one is correct?PriceA Equilibrium shifts from D to C.B Equilibrium shifts from A to D.C Equilibrium shifts from A to B.Equilibrium shifts from B to C.Soru 30. (2.5 puan)An increase in priceA shifts the demand curve to the right.Bresults in a movement downward and to the right along a demand curve.C) shifts the demand curve to the left.D results in a movement upward and to the left along a demand curve.Dead Dead 2

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Answered: Equilibrium shifts from D to C.…

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Equilibrium shifts from D to C. Equilibrium shifts from A to D. Equilibrium shifts from A to B. Dead Dead 2

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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Concept explainers

Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.

Question

Soru 29. (2.5 puan)
According to the below graph, if supply for a good (Supply 1) is constant but its demand increases, which one is correct?
Price
A Equilibrium shifts from D to C.
B Equilibrium shifts from A to D.
C Equilibrium shifts from A to B.
Equilibrium shifts from B to C.
Soru 30. (2.5 puan)
An increase in price
A shifts the demand curve to the right.
B
results in a movement downward and to the right along a demand curve.
C) shifts the demand curve to the left.
D results in a movement upward and to the left along a demand curve.
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