Which of the following would cause price to decrease?
A: A、a decrease in supply
B: B、an increase in demand
C: C、a surplus of the good
D: D、a shortage of the good
A: A、a decrease in supply
B: B、an increase in demand
C: C、a surplus of the good
D: D、a shortage of the good
举一反三
- Which of the following would cause price to decrease? A: A、a decrease in supply B: B、an increase in demand C: C、a surplus of the good D: D、a shortage of the good
- Which of the following always raises the equilibrium price? A: an increase in both demand and supply B: a decrease in both demand and supply C: an increase in demand combined with a decrease in supply D: a decrease in demand combined with an increase in supply
- Which of the following would increase the supply of corn? A: a decrease in the price of wheat B: an increase in the price of pesticides C: a severe drought in the corn belt D: a decrease in the demand for corn E: a fall in the price of corn
- Which of the following will cause an increase in the demand for labor A: An increase in the labor supply. B: A decrease in labor productivity. C: An increase in the demand for the final good or service.
- Good A and good B are substitutes in production. The demand for good A decreases, which lowers the price of good A. The decrease in the price of good A ( ) A: decreases the supply of good B: increases the supply of good C: decreases the demand for good D: increases the demand for good