Which of the following is the best description of the effects of an increase in the supply of bread?
a. Consumers will pay more for bread.
b. Bread prices will fall, and bread sales will rise.
c. A permanent surplus of bread will remain on the market.
d. Bakers will have higher marginal costs.
b
Economics
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Intraindustry trade is characterized by what two features?
What will be an ideal response?
Economics
In recent decades,
A) trading in financial futures declined in importance relative to trading in agricultural and mineral commodities futures. B) trading in financial futures increased in importance relative to trading in agricultural and mineral commodities futures. C) trading in agricultural and commodities futures was discontinued. D) trading in financial futures was discontinued.
Economics