If a supply curve shifts rightward along a downward sloping demand curve
a. the quantity supplied will increase
b. the quantity supplied will decrease
c. it makes no sense to talk about a change in quantity supplied
d. the quantity demanded will decrease
e. the price will increase
C
Economics
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The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for raising goats on a common pasture
A quota to prevent the overuse of the common pasture sets the number of goats to be raised equal to ________. A) 0 goats B) 40 goats C) 50 goats D) 55 goats
Economics
What is the relationship between aggregate planned expenditure and real GDP at equilibrium expenditure?
What will be an ideal response?
Economics