With respect to the demand for college enrollment, which of the following would cause 1. a...

With respect to the demand for college enrollment, which of the following would cause 1. a movement along the demand curve or 2. a shift of the demand curve? Please provide an explanation for each option.
A. An increase in incomes.
B. Lower tuition.
C. More student loans.
D. An increase in textbook prices.

Solutions

Expert Solution

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

1. which of the following would cause a definite leftward shift of the demand curve? a)...

1. which of the following would cause a definite leftward shift of the demand curve? a) an expectation by consumers of a lower price and an increase in the price of a compliments b) an expectation by consumers of lower income and an increase in the price of a substitute c) a decrease in the number of consumers and a decrease in income (assume inferior good) d) a decrease in income and a positive change in consumer tastes 2. When...

Which of the following situations would cause a shift in the demand curve, as opposed to...

Which of the following situations would cause a shift in the demand curve, as opposed to a change in the quantity demanded? Vegetable prices rise as the majority of the population no longer eats meat. Auto sales increase due to increased employment. Gasoline consumption decreases as the taxes included in the price of gasoline increase. Both A and B.

Which of the following would cause the demand curve of iPhones to increase (i.e. shift)? Assume...

Which of the following would cause the demand curve of iPhones to increase (i.e. shift)? Assume that iPhones are a normal good. A decrease in the cost of glass screens used to make smart phones An increase in Samsung Galaxy prices, where Samsung Galaxy is a substitute for iPhones. A decrease in the level of incomes for the average household An increase in the supply for iPhones

Which of the following would cause the demand curve to shift from Demand C to Demand A in the market for tennis balls in the United States?

Which of the following would cause the demand curve to shift from Demand C to Demand A in the market for tennis balls in the United States?Group of answer choicesan expectation by buyers that their incomes will increase in the very near futurea decrease in the price of tennis racquetsan increase in the price of tennis ballsa decrease in the number of people in the United States under age 70

Which of the following is true with respect to the Demand curve for prostitution? A steeper,...

Which of the following is true with respect to the Demand curve for prostitution? A steeper, more inelastic curve implies there are less good substitutes A steeper, more elastic curve implies there are more good substitutes A steeper, more inelastic curve implies there are more good complements A steeper, more elastic curve implies there are less good complements In post WW2 Yokohama prefecture in Japan, if the allies had implemented the recommended price controls in the brothels then which of...

1)Which of the following would cause a change in supply, as opposed to a change in...

1)Which of the following would cause a change in supply, as opposed to a change in quantity supplied, in the market for purchasing new homes? * A) A decrease in the price of rental housing. B) A decrease in the price of new homes C) An increase in the incomes of home buyers. D) An increase in the number of buyers in the market for used homes. 2)As the price of socks increases, what would reasonably be expected to happen...

Student enrollment at a college over the past five years is given below. Year(t) Enrollment(y) 1...

Student enrollment at a college over the past five years is given below. Year(t) Enrollment(y) 1 18.9 2 23.1 3 24 4 24.6 5 26.4 Required: a. Develop a linear trend equation for this time series. b. Forecast enrollment for year 12. c. Forecast enrollment for year 15.

Which of the activities below would cause a shift in aggregate demand? a. Change in consumer...

Which of the activities below would cause a shift in aggregate demand? a. Change in consumer spending b. Change in business investments c. Change in government spending d. All of the above would cause a shift in aggregate demand Deliberate changes in govenment spending is an example of: a. Monetary policy b. Fiscal policy c. Both monetary and fiscal policy d. Foreign policy An increase in the world's economic prosperity will enable other countries to more easily buy our goods....

1. Which of the following would cause the real exchange rate of the US dollar to...

1. Which of the following would cause the real exchange rate of the US dollar to depreciate? (explain the answer) a, the U.S government budget deficit decreases b. capital flight from foreign countries c. the U.S. imposes import quotas d. None of the above is correct. 2. Which of the following contains a list of things that increase when the budget deficit of the U.S decreases? (explain the answer) a. U.S. supply of loanable funds, U.S. net capital outflow, U.S....

1. Which of the following would cause an increase in the market supply of accountants (increase...

1. Which of the following would cause an increase in the market supply of accountants (increase labor supply curve) Select one: a. an increase in wages offered to tax attorneys (an occupation alternative to accounting) b. an increase the in value of the marginal product of accountants. c. a decrease in wages offered to tax attorneys (an occupation alternative to accounting) d. stricter qualifications needed to be a certified public accountant (CPA) 2. Value of the marginal product of labor...

Subjects