Analytical Foundations
A timed multiple-choice exam on microeconomics and macroeconomics.
- Questions
- ~60
- Microeconomics
- 35–40
- Macroeconomics
- 20–25
A new technology lowers the cost of making solar panels. With demand unchanged, what happens to equilibrium price and quantity?
The answer is B. Lower production costs shift supply to the right. Equilibrium price falls and quantity rises.









