Author Question: Which of the following would cause the quantity of wheat bread demanded to increase, but not the ... (Read 65 times)

tingc95 · **on:** Jun 30, 2018

Which of the following would cause the quantity of wheat bread demanded to increase, but not the demand for wheat?
a. a reduction in the price of rye, used to produce rye bread
b. a new scientific study demonstrating that wheat bread reduces the risk of colon cancer
c. a decrease in the price of rye bread
d. an increase in the number of farmers growing wheat

Question 2

An increase in household debt will lead to an increase in consumption expenditures.
a. True
b. False
Indicate whether the statement is true or false