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Author Question: An increase in price results in increase in supply but not an increase in the quantity supplied. ... (Read 200 times)

tiara099

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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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Answer to Question 1

FALSE

Answer to Question 2

A





 

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