ECO 561 Chapter 1 Quiz (UOP Course)For more course tutorials visit
www.tutorialrank.com
Tutorial Purchased: 3 Times, Rating: AChapter 1 Quiz

Question 1

As per the law of demand: When rates increase, ceteris paribus

Question 2

In response to news reports that taking aspirins daily can reduce an individual’s risk of a heart attack, there will most likely be

Question 3

The number of pizzas this restaurant sells per week increases from 500 to 700. This could be caused by

Question 4

Which of the following is consistent with the law of supply………………………………………………………………………………………………………………………………………………………..ECO 561 Chapter 2 Quiz (UOP Course)
For more course tutorials visit
www.tutorialrank.com
Tutorial Purchased: 2 Times, Rating: B+CHAPTER 2 QUIZ

Question 1

The equilibrium $price is ___ and the equilibrium quantity is ___.

Question 2

At what price would there be an excess demand of 125
Question 3

If the supply curve shifts to the left, which of the following will be true

Question 4

If the government sets a ceiling price of $3, which of the following is not likely to happen.

Question 5

The current price of Thanksgiving bonnets is $20. The quantity demanded is 2000 and the quantity supplied is 1500. If the price is allowed to adjust to equilibrium the equilibrium quantity of bonnets supplied will be greater than 1500. Which of the following factors is definitely not associated with this change………………………………………………………………………………………………………………………………………………………..
ECO 561 Chapter 3 Quiz (UOP Course)For more course tutorials visit
www.tutorialrank.com
Tutorial Purchased: 2 Times, Rating: B+CHAPTER 3 QUIZ

Question 1…