As supply goes up, what goes down?         price level         equilibrium         quality         demand

Consider the market for Teslas. The price of gasoline decreases and the cost of producing Tesla batteries decrease. How will the market for Teslas respond?   a   prices will fall and the equilibrium quantity may or may not change.   b   prices will fall and the equilibrium quantity will decrease.   c   prices will fall and the equilibrium quantity will increase.   d   There is not enough information to answer the question

Fill in the blanks to make the following statements correct. a. Ceteris paribus, the price of a product and the quantity demanded are related positively b. Ceteris paribus, the price of a product and the quantity supplied are related negatively c. At any price above the equilibrium price, there will be excess supply At any price below the equilibrium price there will be excess demand

If the price of beef rises significantly, what will happen in the market for fast-food hamburgers assuming nothing else happens in the market? Supply increases, pushing prices lower. Supply decreases, pushing prices higher. Supply decreases, pushing prices lower. Supply increases, pushing prices higher.

Select the phrase that correctly completes the following statement. "A decrease in the number of manufacturers caused a decrease in the supply of sailboats. As a result. ________."     the price of sailboats increased. The higher price caused the supply of sailboats to increase.     the equilibrium quantity of sailboats increased.     the price of sailboats increased and the demand for sailboats decreased.     the price of sailboats increased and the quantity demanded of sailboats decreased.

If supply is upward sloping, a decrease in demand with no change in supply will lead to a(n) _____ in equilibrium quantity and a(n) _____ in equilibrium price

What happens to the price and quantity when the supply curve is perfectly inelastic, and the demand curve shifts in?

Name 3 factors that can cause a shift in the demand curve in markets for goods and services . Name 3 factors that can cause a shift in the supply curve in markets for goods and services. What causes a movement along the demand curve ? What causes a movement along the supply curve ?

When supply and demand meet at the equilibrium point, then prices in the market will

If everyone thinks that the price of gas will go up next week, what is likely to happen to the demand for gasoline today?