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Author Question: An increase in price results in increase in supply but not an increase in the quantity supplied. ... (Read 226 times)

tiara099

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on: Jun 29, 2018
An increase in price results in increase in supply but not an increase in the quantity supplied.
 
  Indicate whether the statement is true or false

Question 2

If the net benefit of Project A is 20 and that of Project B is 15, switching from Project A to Project B:
 
  A) reduces the net benefit by 5.
  B) increases the net benefit by 5.
  C) reduces the net benefit by 15.
  D) increases the net benefit by 15.


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ms_sulzle

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

FALSE

Answer to Question 2

A


tiara099

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Reply #2 on: Jun 29, 2018
Thank you


ms_sulzle

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Reply #3 on: Jun 29, 2018
No problemo


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