Please kindly answer the following questions The following are correct statements about the effects coming from…

The following questions are required.

Here are some facts about what the effect of these changes will be.
From a Price Floor Regulator on a particular market

Question 19 Options: (Answer not A).

A. The current regulated price will be greater than the actual price
in equilibrium.

B) Deadweight loss is generated

C) Consumers will always be poorer

D) Producers will always be poorer

In response to the expected rise in gas prices,
In the near future the followings will be effects

Question 15 Options: (Answer not C).

A) The shift in the gasoline supply curve.

B) The shift upwards of gasoline’s current demand curve.

C) Today’s increase in the gasoline price to equilibrium

D) An increase or decrease in price today and tomorrow.
gasoline in equilibrium.

Here are some factors that could shift the supply curve.
For certain positive X  EXCEPT:

Answer 14:

B) The cost of labour used to produce the good is lower

B) Technological innovation for the production of goods x.

A) Increase in market prices for alternative products

D) Increased subsidies in the production of good.

Below are the correct description of the Supply Curve
For certain positive X EXCEPT:

Answer 13:

A. It’s the lowest price that producers will accept.
Any unit made of good X.

B) This represents the production segment with declining output.
Low marginal cost.

C is the best level of production possible for any given product.

D: Reflects producer’s decision for production up to point
If the marginal cost to produce is less than market price.

Below are the correct definitions of Demand Curve.

Question 11 Options: (Answer not A)

A. It is the price at which the customer will pay.
Given certain preferences, able to pay income and other prices

A) The decrease in marginal costs of production may explain why the market is growing.
The demand curve has a negative slope.

C) Prices rise, so the expected consumption is higher.
Income and substitution effects can lead to a decline in income.

D) The demand curve for good x represents the best choice
Customers about Qx given any X.  

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