Which of the following changes would tend to both decrease the quantity of a good traded and increase the price?

a. An increase in demand.
b. A decrease in demand.
c. An increase in supply.
d. A decrease in supply.

d

Economics

You might also like to view...

Full-time students and prisoners are ________

A) not in the labor force B) in the labor force C) counted as discouraged workers D) counted as unemployed

View
Economics

If a firm shuts down in the short run, its losses are equal to

A. TC ? TR. B. TFC. C. TVC. D. MC.

View
Economics