Two events occur simultaneously in the market for automobiles: (1) an improvement in assembly line technology and (2) the economy enters a recession (which decreases consumers' income). An economist would predict with certainty that

a. equilibrium quantity will rise
b. equilibrium quantity will fall
c. equilibrium price will rise
d. equilibrium price will fall
e. the equilibrium price will remain the same

D

Economics

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Based on Table 8.3, over 40% of mother-only single parent minority families are poor

Indicate whether the statement is true or false

Economics

What are taxes payable for the Equity and debt firm? ALL EQUITY EQUITY AND DEBT Anticipated operating income $1,000,000 $1,000,000 Interest -- $200,000 Earnings before tax $1,000,000 $800,000 Tax at 30% $300,000 $- Earnings after tax $700,000 $ Combined debt and equity income (interest plus earnings after tax) $700,000 $

A. $240,000 B. $0 C. $560,000 D. $300,000

Economics