Dashboand > My couses 18/SP BEC-152-99 Optional Makeup Exam > MAKEUP EXAM 11 Not
ID: 2441374 • Letter: D
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Dashboand > My couses 18/SP BEC-152-99 Optional Makeup Exam > MAKEUP EXAM 11 Not yet answered Paines out of A higher opporunity cost of producing a good increases the supply of that good. Select one True False 12 Not yet anered Pints out of p Fag question Which of the following would cause the current supply of Pods to increase? Select one a an increase in the wages offered to technicians building Pods o bproducers expecting that the future price of iPods will decrease O Ca decrease in the prkce of songs on iTunes e d. an economic boom whlch increases the amount that peopie are witing to spend on personal electronics Question 13 Not yet answered Poines out of Rag question (This question reters to the MRU video 'Does the Equilibrium Model Work) How well does the demand and supply model explain changes in the price of oi 0 a The model is usetul in explaining major changes in the price of ol ? b.The model ohen predes changes in the prce of oa contrary tothose that actuary occur. 0 C.The model is not intended to be used to o d. The model ts uveful in explaining every minor adjustment in the price of oi explain changes in prices in real-ife markets Question 14 tanwere Points ou o e Rag question In a free market seting where quantihy Select one oa remain the same where quantty supplied is 50 units and quantity demanded is 40 units, price wit units and G c. rise. o d move in an indeterminace Girection.Explanation / Answer
11. This is False.
12. The correct answer is D.
13. There is insufficient information for this. Need the video.
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