A decrease in the demand for soft drinks due to changes in consumer tastes, accompanied by an increase in the supply of soft drinks as a result of reductions in input prices, will result in
A) a decrease in the equilibrium quantity of soft drinks and no change in the equilibrium price.
B) a decrease in the equilibrium price of soft drinks; the equilibrium quantity may increase or decrease.
C) an increase in the equilibrium quantity of soft drinks; the equilibrium price may increase or decrease.
D) a decrease in the equilibrium price of soft drinks and no change in the equilibrium quantity.
Question 2
An example of a factor of production for Dell is
A) the computers exported by Dell. B) a worker hired by Dell.
C) corporate bonds sold by Dell. D) stock issued by Dell.
Horses need to lie down occasionally, and prefer soft ground for a nap.
Spreads and soft-gel tablets containing plant sterols and stanols
Energy drinks
Excessive video gaming decrease social and physical development in a child
The original Supply and Demand graph
Suppose a country imports televisions. The country's supply and demand curves are shown in ...