The correct answer is b) The equilibrium price would decrease, but the impact on the amount sold in the market would be ambiguous.

1 окт. 2020 г. · The number of buyers in a market decreases and a technological advancement occurs also. What would we expect to happen in the market?

Suppose that the number of buyers in a market decreases and a technological advancement occurs. What would we expect to happen in the market? a.

30 июл. 2018 г. · The correct answer is (a), where the equilibrium price would decrease due to the combined effects of a decrease in demand and an increase in supply.

Оценка 5,0 (7) Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market? A. Equilibrium ...

11 окт. 2023 г. · A decrease in buyers and a technological advancement would likely lead to a decrease in the equilibrium quantity and an ambiguous impact on the equilibrium ...

31 окт. 2016 г. · Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market?

Suppose the income of buyers in a market decrease and so does the demand for an inferior good, and also a technological advancement occurs.

Suppose that the number of buyers in a market decreases and a technological advancement occurs. What would we expect to happen in the market? a) The ...

Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market? a. Equilibrium ...