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A legal minimum price is set which is below the equilibrium price. What will be the impact of this？

A、Excess of demand over supply

B、Excess of supply over demand

C、Excess of demand over supply

D、Nothing

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更多“A legal minimum price is set w…”相关的问题

第1题

If the government sets a minimum price for gasoline below the equilibrium price:

A、quantity demanded of gasoline will be equal to quantity supplied of gasoline.

B、there will be excess demand for gasoline.

C、there will be excess supply for gasoline.

D、demand for gasoline will be less than supply for gasoline.

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第2题

Suppose that the government sets a maximum price for insulin below the equilibrium price:

A、there will be an efficient level of insulin produced.

B、there will be excess supply of insulin.

C、total surplus will be lower than it would be at the market equilibrium price.

D、total surplus will be greater than it would be at the market equilibrium price.

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第3题

If the government sets a minimum price above the equilibrium price for soybeans. which of the following statements will be correct？

A、quantity demanded will be equal to quantity supplied.

B、There will be excess supply.

C、There will be excess demand.

D、all of the above

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第4题

A price floor set above the equilibrium price is not binding.

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第5题

When the price of a bond is______the equilibrium price, there is an excess demand of bonds and the price will______.

A．above...rise

B．above...fall

C．below...fall

D．below...rise

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第6题

A price ceiling will be binding only if it is set

A、a. equal to equilibrium price.

B、b. above equilibrium price.

C、c. below equilibrium price.

D、d. none of the above; a price ceiling is never binding.

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第7题

The corrent description about the equilibrium potential include

A、the electrical force and chemical force are identical but the direction are opposite.

B、the equilibrium potential of any ion could be calculated by Nerst equation if we could measure the concentration of this ion at extracellular and intracellular side of the membrane.

C、If the concentration of a ion in the intracellular and extracellular is identical, the equlibrium potential of this ion is 0.

D、In most excitable cells, both the EK+ and ENa+ are negative.

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第8题

When the price of a good is higher than the equilibrium price,

A、a shortage will exist.

B、buyers desire to purchase more than is produced.

C、sellers desire to produce and sell more than buyers wish to purchase.

D、quantity demanded exceeds quantity supplied.

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第9题

The equilibrium price and quantity of any good or service is established by:

A、only demanders.

B、only suppliers.

C、government regulations.

D、both demanders and suppliers.

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第10题

[图] Refer to Figure 4-2. What is the equilibrium ...

Refer to Figure 4-2. What is the equilibrium price in this market?

A、$0

B、$5

C、$7.50

D、$10

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