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Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.

2 Answers

5 votes

Final Answer:

It appears there might be a misunderstanding or error in the question prompt. As it stands, the given instruction doesn't align with a specific question or content that requires a response.

Step-by-step explanation:

The question prompt seems to be a set of instructions rather than a question seeking a specific answer. It instructs the respondent to insert responses into an input using various methods, but it lacks a clear context or question to which these responses should correspond.

In a typical question-and-answer scenario, the question provides context or a problem to be solved, and the respondent provides a relevant answer. However, in this case, the instructions seem disconnected from a specific inquiry or problem, making it challenging to provide a targeted response.

Effective communication in question formulation and how clear and concise questions contribute to obtaining accurate and relevant responses. Clarity in communication is crucial for efficient information exchange.

User Chrisuae
by
8.1k points
5 votes

Final answer:

The correct match to the given scenarios with their corresponding changes in equilibrium price and equilibrium quantity:

1. An increase in both demand and supply.

- Change in equilibrium price: Uncertain (depends on the magnitude of the shifts)

- Change in equilibrium quantity: Increase

2. An increase in demand.

- Change in equilibrium price: Increase

- Change in equilibrium quantity: Uncertain (depends on the magnitude of the demand increase)

3. A decrease in demand.

- Change in equilibrium price: Decrease

- Change in equilibrium quantity: Uncertain (depends on the magnitude of the demand decrease)

4. An increase in supply.

- Change in equilibrium price: Decrease

- Change in equilibrium quantity: Increase

Step-by-step explanation:

In scenario 1, when both demand and supply increase, the equilibrium quantity is expected to increase. However, the effect on equilibrium price is uncertain because the increase in demand may push prices up, while the increase in supply may push prices down. The final impact on price will depend on the magnitude of the shifts.

In scenario 2, an increase in demand will lead to an increase in equilibrium price. More people wanting to buy the product will drive up the price. The change in equilibrium quantity, however, is uncertain and depends on the magnitude of the demand increase.

In scenario 3, a decrease in demand will result in a decrease in equilibrium price. Fewer people wanting to buy the product will cause prices to drop. The change in equilibrium quantity is uncertain and depends on the magnitude of the demand decrease.

In scenario 4, an increase in supply will cause a decrease in equilibrium price. With more of the product available, the price will decrease. Additionally, the equilibrium quantity will increase as more of the product is bought and sold.

Your question is incomplete, but most probably the full question was:

Match each of the following to its results:

Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.

1. An increase in both demand and supply.

2. An increase in demand.

3. A decrease in demand.

4. An increase in supply.

A decrease in equilibrium price but an increase in equilibrium quantity.

An increase in equilibrium quantity.

An increase in both equilibrium price and equilibrium quantity.

A decrease in both equilibrium price and equilibrium quantity.

User Svth
by
8.4k points