Which of the following will reduce the supply of motorcycles?
a. an increase in the population age 16 to 35, the primary consumers of motorcycles
b. an increase in taxes imposed on motorcycle producers
c. a technological improvement reducing the production costs of motorcycles
d. a government study that reveals motorcycle riders, on average, live 10 years longer than those who don't ride motorcycles
B
Economics
You might also like to view...
Why is the real-world deposit multiplier smaller than 1/RR, where RR is the required reserve ratio?
What will be an ideal response?
Economics
Ireland's nominal GDP can increase when
a. only Irish prices increase b. only Irish output increases c. only Irish output and prices increase d. only Irish output and prices decrease e. any combination of Irish output and/or prices increases
Economics