Author Question: A decrease in the price of pork will result in A) a smaller quantity of pork supplied. B) a ... (Read 125 times)

jCorn1234

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A decrease in the price of pork will result in
 
  A) a smaller quantity of pork supplied. B) a decrease in the demand for pork.
  C) a larger quantity of pork supplied. D) an increase in the supply of pork.

Question 2

Refer to Table 2-14. What is Ireland's opportunity cost of producing one motorcycle?
 
  A) 0.2 guitar B) 5 guitars C) 8 guitars D) 32 guitars



AmberC1996

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Answer to Question 1

A

Answer to Question 2

B



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