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Author Question: If the price of oil rises, producers of oil will A) increase the quantity of oil supplied. B) ... (Read 39 times)

Starlight

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on: Jun 29, 2018
If the price of oil rises, producers of oil will
 
  A) increase the quantity of oil supplied.
  B) supply less oil.
  C) leave the amount of oil supplied unchanged.
  D) cut the price.

Question 2

The law of increasing additional cost exists because
 
  A) resources are not perfectly adaptable to both production processes.
  B) the demand for the product increases.
  C) the cost of resources of the products increase.
  D) the cost of resources of the products decrease.


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flexer1n1

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Starlight

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Reply #2 on: Jun 29, 2018
Thank you :)


flexer1n1

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Reply #3 on: Jun 29, 2018
Happy to help you


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