Multiple-Choice Questions

  1. Question

    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
    Which of the following changes will most likely result in an increase in the demand for hamburgers in your hometown?
  2. Question

    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
    Which of the following changes will most likely result in a decrease in the supply of guitars?
  3. Question

    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
    Which of the following will most likely result in a decrease in the quantity of lemons demanded?
  4. Question

    101

    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
    Which of the following will occur if consumer incomes increase?
  5. Question

    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
    If two goods are complements, an increase in the price of one good will cause which of the following?
  6. Question

    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
    An increase in the wages of workers producing a good will most likely lead to which of the following?
  7. Question

    mW84GhxF2c1isyoIH8/wDz1BkhWYPLjZVm1xr3Fnz8TqpVMuTvT758KtPxGu/oki6lF+Ue5Ck7jsEnkDmTq5f6aHuk6Een0Ku8p7v81PYM2aTdOjSUJTfpsqqv0QUoCeDaJCL7GyGIrokm58CNl/DZGEcYPG2NeH9O1s8yWjQ0BfQCUl7Ix2NKchF8nLr8iHJSw0DSVf6YY9fTCZUE0w/bU5EJExKD9aM8viaQp8eIdOUFuqqxZR0pZRQIuPdVSUaIo5AMWGT+qD+s7drJ/+SM7R6Quh8CFuYhRC8selGdaR7zmBgcmnpv1Rg7VtFK9w/CFjgZQm2uFb1rZ6GLHd6u273PS/tgaRjYRY3HLCzzEMi+1uoW3h87oUfQZ8M/n3SpyDpTkDTKliulw8K9z+mpZRpxQfxJixQrVroUe/0nE+ZcdhFiHhtg42mdC5T/vwV9UusWvTlcQyXKNRGY7DIQeeIIO/OzLWvkbfiT61NHl5tj2Kp2bSWsfdivaNgDCiBOO0ogCnl2q+vey14nZEP8xIlF7HrR0TU0APP4WLHel8vHoWIJuHDfxJ2SxXeiByL68ph0s9HWwktU6/RqDnSxY9w3FQuGR4/f+NLCXb9aFGsNC6U2zC+giqGKtulhr42ocRwK8MHdd+ePnnWloIiTtLA7iw/jGn08+iMBuJQVd2Mt5xZBe+2XozeIzVHXzT1z7n9i5e2kJU/7Jjvq3QFxhwqhjAIjgQlYsq8ljFeGLPkF1HMRPMHuoRY7JeKTI18JwmYzGXs4nK0efRondxZj5z7c6OM0EfOy8nHbmNDm3TnmN5wgManIOAwE4CQjwSVKIRZ17FItBF269YWUlIpuRDPje+tao8Kgxbv8rmfLMrrI/BA6h8TRlNeV7uNPmnL4OGu7Hu8vmo2sO9PaNakSqaqde+v1LRXDRVjgqF8FQh+9KtSEX7PCCuE+Xp2cS+pxrycI9KknbeFT8RJJAmr1fWi7gIBJkNM0F7QM2j2lgYjrQYQR44Pyl3tTkThPUU5VuLdlhznWSsmLuyFSS5o7vHS6jpp+l7Z4T2R+ybsItZRINJ2wao75EaLODB/2ZmimC8QfIIi3MGTu3c0XsjmsEQGww9kuAwB3C3viEfQE2kk6DQDAx1JJIw5IFjUYgpOEttVBJrC7aDtLmrnYhYz5kdUNQ23SiMc21Cmn0Y8WCtUr/vMciashR/ZJU=
    Which of the following is true at the equilibrium price in a market?
  8. Question

    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
    A survey indicated that chocolate is America’s favorite ice cream flavor. Which of the following will lead to a decrease in the price of chocolate ice cream?
  9. Question

    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
    Which of the following events will increase both the price and the quantity of pizza?
  10. Question

    image
    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
    Use the following situation and diagram to answer Questions 1
  11. Question

    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
    If the government sets a price floor of $5 per bushel, how many bushels of corn are produced?
  12. Question

    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
    If the government sets a price floor of $5 per bushel, how many bushels of corn are purchased by consumers?
  13. Question

    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
    How many bushels of corn are purchased by the government if it maintains a price floor of $5 by buying all surplus corn?
  14. Question

    102

    HyODHVO5UINA3U+C8Nt/G8hc/08Ln8vuptL7fACJ8IF7v6onL91ieuKYOBql9ir1fbFsgzKfnHgtIpIi06wUF9HRNpLyRz/YrHoZzNLsEZWBBWHNVdf+XPAqxDdXxMPiEtwKFHjgScPyzqQCgwyT6HdD6xaFBIl79CYF7u/e/V4a+cEDXzndhAqf3fNoDBmqP5XtBJFDDm8PMMPRb1sVqQ35TKdQToIhZcnIDVzYKdqqV60lrtKonPe2w4gQbnk9vTalncGZt5R1Bt8qhu1LGVxyHSGVCs7xToESMiBy2K1Mvn+rjtxGbic/W26KBNudp+EfprZOwtDI1/Q6C1tLXTokqaPyIN2turW90HWNElyyRFrDVhnpmHcvId4TWrbiuw+NV9/YQiF+kBFXiKS7VD284n0hi6ak4IwBmxx3g6ja7qwK+Ac6BbApOK5WVXH1vbkwuTuY9U8GQCG67ubulDDzfPkRtagrVF0Slkjx17U49dzNWX7wKDb/xs05j0B09HSDQSXOf4ByDfJzMPFDksDHk2xn0yrrKbiDQGBXEAYa/kQA6ZriN8Zpo3d4WdAtKR5837zb4yyN6+9wfoseQjL4eRoD/K8+5R22XVqWBmSKXPGRkB/7QSeTOEJXFGZuyRAesSor9xqo3uMV8f/jwPlmTMZ6G5iwe4SHpkd9jhobWG7ndaACNVsFjQv0ZKirnozkzyMm/D2HU5sAQt3Jvedc4H1Es0tAAnI1+lMDWGNlrU3+duweTHaf455ZEgRNYy7AooQj61uisBS5oeEhx2SE2jTkfZ+HkbTI0EKe9D//gtfu+TgumjnquaRZDzHbkzU4jIW59WQLyBqBZcDQRvF5xYd0tnnUVJDzS2mmSby+qs4j/ra7bkpSfoc=
    How much does a price floor of $5 cost the government if it maintains the price floor by buying any surplus corn?
  15. Question

    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
    How much revenue do corn farmers receive if there is a price floor at $5?
  16. Question

    image
    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
    Where must an effective price ceiling in this market be set?
  17. Question

    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
    If the government sets a price ceiling at $400, how many apartments will be demanded by consumers?
  18. Question

    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
    How many apartments will be offered for rent if the government sets a price ceiling at $400?
  19. Question

    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
    A price ceiling set at $400 will result in which of the following in the market for apartments?
  20. Question

    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
    A price ceiling set at $600 will result in which of the following in the market for apartments?
  21. Question

    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
    Refer to the following table and information to answer Questions 2
  22. Question

    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
    If the government establishes a quota of 7 million pounds in the market, what will the supply price of swordfish be (per pound)?
  23. Question

    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
    What is the quota rent per pound of swordfish received by licensed fishing boats when the government sets a quota of 7 million pounds?
  24. Question

    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
    If there is a quota of 7 million pounds and swordfish fishing licenses are traded in a market, how much will the price of a fishing license be per pound?
  25. Question

    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
    When transactions do not occur due to price or quantity controls, what is the term for the lost gains?