86) Suppose there is an increase in demand in a market where the supply curve slopes upwards and the demand curve slopes downwards. Which of the following might not occur?

An excess supply

A fall in price

A rise in the quantity traded

A fall in the equilibrium level of expenditure

Answer is:

A fall in the equilibrium level of expenditure

A fall in the price of a complement

A rise in consumer incomes

An increase in the number of buyers

An expected rise in price

Answer is:

A decrease in the number of firms using the labour

An increase in the productivity of the labour

A fall in the price of a substitute input

A decrease in the demand for the produce or products which the labour is used to produce

Answer is:

An increase in the demand for a joint product

A rise in the price of another input

A decrease in the number of firms supplying the product

An expected rise in the price of the product

Answer is:

An increase in demand combined with unchanged supply

An increase in demand combined with a decrease in supply

A decrease in demand combined with an increase in supply

An increase in demand combined with an increase in supply

Answer is: