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1、1. Thequantitysuppliedofagoodistheamountthat a. buyersarewillingandabletopurchase. b. sellersareabletoproduce. c. buyersandsellersagreewillbebroughttomarket. d. sellersarewillingandabletosell.ANSWER: dDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.071-Determinetheeffectsofaneventusingthesu
2、pplyanddemandmodel.TOPICS: SupplyanddemandSupplyKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 001.04.3-MC-MANK082. Ifthepriceofagoodislow, a. firmswouldincreaseprofitbyincreasingoutput. b. thequantitysuppliedofthegoodcouldbezero. c. thesupplycurveforthegoodwillshifttotheleft. d. firmscanandshouldr
4、 b. decreasesupply. c. increasequantitysupplied. d. decreasequantitysupplied.ANSWER: dDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.071-Determinetheeffectsofaneventusingthesupplyanddemandmodel.TOPICS: SupplyanddemandSupplyKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 003.04.3-MC-MANK08
5、4. Anincreaseinthepriceofagoodwill a. increasesupply. b. decreasesupply. c. increasequantitysupplied. d. decreasequantitysupplied.CopyrightCengageLearning.PoweredbyCognero.Page 38ANSWER: cDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.071-Determinetheeffectsofaneventusingthesupplyandde
6、mandmodel.TOPICS: SupplyanddemandSupplyKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 004.04.3-MC-MANK085. Whenthepriceofagoodorservicechanges, a. thedemandcurveshiftsintheoppositedirection. b. thesupplycurveshiftsintheoppositedirection. c. thesupplycurveshiftsinthesamedirection. d. thereisamov