Author Question: Other things equal, the supply of index cards is likely to be affected by all of the following ... (Read 48 times)

kamilo84

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Other things equal, the supply of index cards is likely to be affected by all of the following except one. Which is the exception?
 a. the price of wood pulp used in the production of index cards
  b. the technology in the index card production process
  c. the price of index cards
  d. the price of packaging material (a substitute in production)
  e. the future price of index cards expected by producers

Question 2

Which of the following is not likely to cause a change in the supply of wheat?
 a. a government subsidy to farmers who do not grow wheat
  b. an increase in the price of soybeans
  c. a decrease in the price of fertilizer
  d. a fall in the price of wheat
  e. producers expect product prices to rise



aloop

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Answer to Question 1

C

Answer to Question 2

D



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