An increase in the demand for note books raises the quantity of note books demand, but not the quantity supplied. Is this statement true or false. Explain

Given the following information,when price is 100ksh the quantity supplied is 45units and when the price increases to 250ksh the quantity supplied is 60 units.Derive the function that depicts the law of supply

Fully explain the difference between a change in supply and a change in quantity supplied.

The demand and supply curves for a product are given by: Qd = 600 - 2P Qs = 300 + 4P Find the equilibrium price and the equilibrium quantity. Carefully draw a graph to illustrate your answer. Make sure to write out the intercepts. Show the equilibrium price and the equilibrium quantity on your graph.

The distinction between a change in demand and a change in quantity demanded is best made by saying that: a change in quantity demanded causes a change in demand. a change in quantity demanded is caused by a change in price and a change in demand is caused by a change in other factors. a change in both quantity demanded and demand is caused by a change in price. a change in demand is caused by a change in price and a change in quantity demanded is caused by a change in other factors.

The following table presents the monthly demand and supply in the market for sweatpants in Miami. Price Quantity Demanded (Dollars per pair of sweatpants) (Pairs of sweatpants) 6 12 18 24 30 PRICE (Dollars per pair of sweatpants) 36 On the following graph, plot the demand for sweatpants using the blue point (circle symbol). Next, plot the supply of sweatpants using the orange point (square symbol). Finally, use the black point (plus symbol) to indicate the equilibrium price and quantity in the market for sweatpants. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. (?) 30 + 18 0 0 300 1,650 1,350 1,200 900 750 600 900 1200 QUANTITY (Pairs of sweatpants) 1500 Quantity Supplied (Pairs of sweatpants) 1800 300 600 750 1,350 1,800 Demand O Supply ++ Equilibrium

What are some general factors that can impact the demand for a product and the supply of a product? Identify at least two factors for each and explain the different ways these determinants can shift supply and demand either left or right.

Suppose an increase in demand in the market for mutual funds (a financial capital market) causes the interest rate to increase from 2% to 4%. How will this increase in demand affect supply and quantity supplied?

What does the movement from point A to point C represent on the below graph: Price (dollars per unit) Quantity (millions of units per month) a) Change in quantity demanded. b) Movement up the demand curve c) Decrease in demand. d) Change in demand.

What do you mean by the demand of a commodity?   a) Desire for the commodity   b) Need for the commodity   c) Quantity demanded of that commodity   d) Quantity that consumers are able and willing to buy at various prices during any particular period of time