3. When demand increases, the equilibrium price ________ and the equilibrium quantity ________. (A)rises; decreases (B) falls; decreases (C)rises; increases (D)falls; increases

8. The principle of diminishing marginal utility implies that the (A)marginal utility of a product is negative. (B) total utility from a product is also diminishing as more units are consumed. (C)rate of change of total utility is diminishing as more units are consumed. (D)rate of change of marginal utility is very low as more units are consumed.

3. When demand increases, the equilibrium price and the equilibrium quantity .
(A)rises; decreases
(B) falls; decreases
(C)rises; increases
(D)falls; increases

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3. When demand increases, the equilibrium price ________ and the equilibrium quantity ________.(A)rises; decreases(B) falls; decreases(C)rises; increases(D)falls; increases

相關試題

相關試卷

3. When demand increases, the equilibrium price and the equilibrium quantity .
(A)rises; decreases
(B) falls; decreases
(C)rises; increases
(D)falls; increases