Mod 7 Practice Quiz
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1. Which of the following describes what will happen in the market for tomatoes if a salmonella outbreak is attributed to tainted tomatoes? *
1 point
2. Which of the following will lead to an increase in the equilibrium price of product “X”? A(n) *
1 point
3. The equilibrium price will rise, but equilibrium quantity may increase, decrease, or stay the same if *
1 point
4. An increase in the number of buyers and a technological advance will cause *
1 point
5. Which of the following is certainly true if demand and supply increase at the same time? *
1 point
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