Refer to the below demand graph for a farm product. Which of the following will cause the largest decrease in farmers' incomes?
A. A decrease in quantity from QC to QA
B. A decrease in quantity from QB to QA
C. An increase in quantity from QA to QC
D. An increase in quantity from QA to QB
C. An increase in quantity from QA to QC
Economics
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An increase in U.S. demand for Japanese made cars (made in Japan) would, other things equal, increase the U.S. financial account surplus
a. true b. false
Economics
Which one of the following is an example of an external cost?
A) the cost to attend college B) labor costs to a firm C) emissions from a factory D) a house payment owed by a friend
Economics