Suppose a successful advertising campaign increases the demand for Nike shoes. Which would tend to occur?
A) The demand curve for Nikes would shift to the right.
B) The quantity supplied of Nikes would increase.
C) The price of Nikes would rise.
D) All of the above.
D
Economics
You might also like to view...
According to monetarists, when will the economy move back to the natural rate of unemployment after a change in output?
a) In the short-run. b) In the long-run. c) Immediately after a decrease in the money supply. d) Immediately after an increase in the money supply.
Economics
When the economy is at its potential output:
A. there is no structural unemployment. B. there is no unemployment. C. there is no frictional unemployment. D. the labor force is fully employed.
Economics