If in the market for peaches the supply curve has shifted to the left
A) the quantity of peaches supplied has decreased. B) the quantity of peaches supplied has increased.
C) the supply of peaches has increased. D) the supply of peaches has decreased.
D
Economics
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The specificfactors model assumes that in each industry (such as manufacturing and agriculture) there are factors of production that are:
a. less productive. b. outsourced to other nations. c. fixed or immobile. d. very scarce and therefore have a high supply price.
Economics
Sovereign debt crises are triggered ________
A) by innovations in subprime real estate markets B) when a country's debt-to-GDP ratio becomes excessively high C) when austerity measures cause a sharp fall in the supply of government bonds D) by the adoption of a common currency, such as the euro
Economics