The price of a good will fall if:

a) supply of the good decreases.
b) demand for the good increases.
c) supply of the good increases.
d) demand for the good remains constant.
e) supply remains constant.

Ans: c) supply of the good increases.

Business

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Which of the following statements is true of the supply chain?

A) All members of the supply chain of a firm must have geographical proximity. B) Every supply chain must include suppliers, manufacturers, distributors, retailers, and customers. C) Each organization in the chain is connected to just one company up the chain (toward the supplier) and down the chain (toward the customer). D) The supply chain includes transportation companies, warehouses, and inventories.

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A bond yielded a real rate of return of 3.87 percent for a time period when the inflation rate was 3.75 percent. What was the actual nominal rate of return?

A. 87.58 percent B. 7.62 percent C. 7.77 percent D. 8.28 percent E. .36 percent

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