Introduction to Economics 1 Deneme Sınavı Sorusu #1128052

Assume a good has positively sloped supply and negatively sloped demand. What happens to the market equilibrium when input prices for the aforementioned good increases?

Equilibrium price and quantity increases.

Equilibrium price increases and equilibrium quantity decreases.

Equilibrium price and quantity decreases.

Equilibrium price decreases and equilibrium quantity increases.

Equilibrium price stays the same and equilibrium quantity increases.

Yanıt Açıklaması:

Ceteris paribus, increase in input prices shifts supply curve to the left while demand stays the same. Therefore equilibrium price increases and equilibrium quantity decreases.

PAYLAŞ:

SORUNUN CEVABI: B

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