An increase in demand will cause

a. an increase in supply.
b. a decrease in supply.
c. an increase in quantity supplied.
d. a decrease in quantity supplied.
e. a decrease in equilibrium price.

C

Economics

You might also like to view...

In the above table, what is the maximum price that consumers are willing to pay for the 200th brownie?

A) 0 B) 20¢ C) 60¢ D) 80¢

Economics

Low standards reduce production costs and change a nation's comparative advantage

Indicate whether the statement is true or false

Economics