Author Question: Which of the following best describes the market reaction if a city restricts the number of firms ... (Read 66 times)

yoooooman · **on:** Jul 1, 2018

Which of the following best describes the market reaction if a city restricts the number of firms that are allowed to operate in a market?

A) The market supply curve shifts to the left.
B) The market demand curve shifts to the left.
C) Quantity supplied increases because price increases.
D) Price decreases.

Question 2

For which of the following variables should a two tail t-test be applied?

A) PA
B) I
C) PB
D) Should be applied for all.