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Author Question: Which of the following would raise both the equilibrium price and the equilibrium quantity of ... (Read 58 times)

lunatika

  • Hero Member
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  • Posts: 548
on: Jun 30, 2018
Which of the following would raise both the equilibrium price and the equilibrium quantity of strawberries?
 a. A decrease in the demand for strawberries.
  b. An increase in the demand for strawberries.
  c. A decrease in the supply of strawberries.
  d. An increase in the supply of strawberries.

Question 2

If the cost of fertilizer rises, then the price of corn will:
 a. rise. b. fall.
  c. remain unchanged. d. react unpredictably.


covalentbond

  • Sr. Member
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  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


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