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22 May 2018
5. There is a rise in the price of the specialized capital equipment used to make small sailboats. At the same time, the price of dacron sails rises. As a result, in the market for small sailboats: A) P and Q* both rise B) P and Q* both fall C)P* rises and Q* falls D) P' falls and Q' rises E) P rises, but we do not know exactly what happens to Q F) P falls, but we do not know exactly what happens to Q G) Qrises, but we do not know exactly what happens to P H) Qfalls, but we do not know exactly what happens to P I) either P and Q both rise, or P and Q both fall, or neither changes J) either P rises and falls, or P falls and Qrises, or neither changes
5. There is a rise in the price of the specialized capital equipment used to make small sailboats. At the same time, the price of dacron sails rises. As a result, in the market for small sailboats: A) P and Q* both rise B) P and Q* both fall C)P* rises and Q* falls D) P' falls and Q' rises E) P rises, but we do not know exactly what happens to Q F) P falls, but we do not know exactly what happens to Q G) Qrises, but we do not know exactly what happens to P H) Qfalls, but we do not know exactly what happens to P I) either P and Q both rise, or P and Q both fall, or neither changes J) either P rises and falls, or P falls and Qrises, or neither changes
Sixta KovacekLv2
25 May 2018
