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    Market Equilibrium B Quiz

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    BolWol
    This document contains 5 multiple choice questions about economics concepts. Question 1 asks about how demand for an inferior good changes with income. Question 2 asks how supply of a good changes if the price of an input increases. Question 3 asks why brown eggs are more expensive than white eggs despite lower sales. Question 4 asks how a company's stock price will be impacted by a worse-than-expected guidance. Question 5 asks how requiring universities to pay insurance for student workers will impact part-time employment.

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    Market Equilibrium B Quiz

    Uploaded by

    BolWol
    17 views6 pages
    This document contains 5 multiple choice questions about economics concepts. Question 1 asks about how demand for an inferior good changes with income. Question 2 asks how supply of a good changes if the price of an input increases. Question 3 asks why brown eggs are more expensive than white eggs despite lower sales. Question 4 asks how a company's stock price will be impacted by a worse-than-expected guidance. Question 5 asks how requiring universities to pay insurance for student workers will impact part-time employment.

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    This document contains 5 multiple choice questions about economics concepts. Question 1 asks about how demand for an inferior good changes with income. Question 2 asks how supply of a good changes if the price of an input increases. Question 3 asks why brown eggs are more expensive than white eggs despite lower sales. Question 4 asks how a company's stock price will be impacted by a worse-than-expected guidance. Question 5 asks how requiring universities to pay insurance for student workers will impact part-time employment.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    17 views6 pages

    Market Equilibrium B Quiz

    Uploaded by

    BolWol
    This document contains 5 multiple choice questions about economics concepts. Question 1 asks about how demand for an inferior good changes with income. Question 2 asks how supply of a good changes if the price of an input increases. Question 3 asks why brown eggs are more expensive than white eggs despite lower sales. Question 4 asks how a company's stock price will be impacted by a worse-than-expected guidance. Question 5 asks how requiring universities to pay insurance for student workers will impact part-time employment.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 6

    Economics

    Market Equilibrium

    Dept. of Economics @ NCKU


    Weng, Ming-Hung
    Q1
    Instant noodle is an inferior good to Jack. As
    his income increases, his demand for instant
    noodle will
    1. move to its right; (increase)
    2. move to its left; (decrease)
    3. move up along the original demand curve
    4. remain unchanged
    Q2
    If the price of mango
    P
    goes up, the supply of Supply (Curve)
    mango ice will
    1. Increase; shift to its P1
    right
    2. Decrease; shift to its
    left P2

    3. Remain unchanged

    Q1 Q2 Q
    Q3
    Why are brown eggs
    more expensive than
    white eggs while fewer
    of them are sold?
    1. Healthier
    2. More difficult to
    raise those brown
    egg layers
    Q4
    A freshly announced worse-than-expected
    guidance of a company for the coming
    quarters likely will
    1. lift its stock price.
    2. lower its stock price.
    3. have no impact on its stock price.
    Q5
    The Ministry of Education and the Ministry of
    Labor have demanded that universities must
    pay labor insurance fees for a student working
    part-time on campus. As a consequence, the
    number of employed part-time students will
    1. go up.
    2. drop.
    3. remain unchanged.

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