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Author Question: An increase in supply will occur when A) the supply curve shifts downward to the right. B) the ... (Read 115 times)

B

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An increase in supply will occur when
 
  A) the supply curve shifts downward to the right.
  B) the supply curve shifts upward to the left.
  C) the demand curve shifts downward to the left.
  D) the demand curve shifts upward to the right.

Question 2

An effective rent control will
 
  A) lead to a surplus of housing units.
  B) keep rents below the competitive market level.
  C) keep rents above the competitive market level.
  D) be set at the price where quantity supplied equals quantity demanded.



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ashely1112

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Answer to Question 1

A

Answer to Question 2

B





 

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