This topic contains a solution. Click here to go to the answer

Author Question: An increase in supply will cause a(n) a. increase in demand b. decrease in demand c. increase in ... (Read 139 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
An increase in supply will cause a(n)
 a. increase in demand
  b. decrease in demand
  c. increase in quantity demanded
  d. decrease in equilibrium quantity demanded
  e. increase in equilibrium price

Question 2

An increase in supply will cause equilibrium price to __________ and equilibrium quantity to __________.
 a. increase; increase
  b. increase; decrease
  c. decrease; increase
  d. decrease; decrease
  e. remain constant; increase



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

millet

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library