If income decreases and, at the same time, a new technology is discovered that lowers the cost of producing the good, which of the following will happen? a. the equilibrium quantity will increase. the equilibrium price will increase. b. cannot tell the change in equilibrium quantity. the equilibrium price will decreasec. the equilibrium quantity will decrease. the equilibrium price will increased. cannot tell change in equilibrium quantity. cannot tell the change in equilibrium price

Which ranks these careers that employers are most likely to hire from the least to the greatest?

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively