Suppose the market for exercise bikes experiences the following event: Consumers expect the price of exercise bikes to fall next month. The adjustment that will occur is a)movement along a supply curve toward a lower price.. b)a shift in the supply curve to the left.. c)movement along a supply curve toward a higher price.. d)a shift in the supply curve to the right..

The price of salsa rises. How does the increase in the price of salsa affect the supply of salsa? A) The supply of salsa decreases. B) There is no change to the supply of salsa, but the quantity of salsa supplied increases. C) There is no change to either the supply of salsa or the quantity of salsa supplied. D) There is no change to the supply of salsa, but the quantity of salsa supplied decreases. E) The supply of salsa increases.

Refer to the graph showing the supply of books. A shift from SO to S1 would most likely occur for what reason? Price Quantity So

For consumers, computers are a complement to computer software. Suppose the price of a computer falls. Simultaneously, suppose that the number of companies selling computer software decreases. How do these changes affect the price and quantity of computer software?