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Author Question: If the demand for bathing suits and supply of bathing suits both decrease, then definitely the ... (Read 242 times)

Alygatorr01285

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on: Jun 29, 2018
If the demand for bathing suits and supply of bathing suits both decrease, then definitely the equilibrium
 
  A) price will decrease.
  B) price will increase.
  C) quantity will increase.
  D) quantity will decrease.

Question 2

The opportunity cost of more capital goods today is
 
  A) fewer capital goods in the future.
  B) fewer consumer goods in the future.
  C) fewer consumer goods today.
  D) more unemployed resources in the future.


cloudre37

  • Sr. Member
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  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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