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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
If the market clearing price of computer tablets falls from $400 to $300, and the market clearing output decreases from 5 million to 4 million units,
A) demand decreased and supply remained unchanged.
B) supply increased and demand remained unchanged.
C) demand increased and supply remained unchanged.
D) supply decreased and demand remained unchanged.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 338 times
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DropxDropx
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Top Poster
Posts: 1991
9 years ago
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Sublight2097 Author
wrote...
9 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
9 years ago
Another success story!

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