Excercise 11.0

Why does an increase in prices cause an increase in supply?

• Consumers buy more goods when prices are high.

• Producers make more goods when prices are high.

• Producers want to sell all of the goods.

• Consumers will not buy all of the goods.

• Consumers will buy all of the goods.

Why does a decrease in prices cause an increase in demand?

• Consumers buy fewer goods when prices are low.

• Producers make fewer goods when prices are low.

• Producers make more goods when the prices are high.

• Consumers buy more goods when prices are low.

• Consumers buy more goods even if the price is high.

The author would apparently agree that the relationship between environmental regulations and the purchase of hybrid vehicles in paragraph 1 is similar to the phenomenon of

• 1. cars and traffic

• 1. oil and gas stations

• 1. people and vehicles

• 1. gasoline and transportation

• 1. modern life and electric cars

The author would apparently agree that the relationship between environmental regulations and the purchase of hybrid vehicles in paragraph 1 is similar to the phenomenon of

• 1. cars and traffic

• 1. oil and gas stations

• 1. people and vehicles

• 1. gasoline and transportation

• 1. modern life and electric cars

The author’s attitude towards the civils’ protest regarding the exam schedule is ….

• 1. critical

• 1. positive

• 1. objective

• 1. subjective

• 1. informative