An increase in demand combined with no change in supply
A) raises the equilibrium price.
B) lowers the equilibrium price.
C) results in only a movement rightward along the demand curve.
D) decreases demand because the supply curve does not shift.
A
Economics
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Which of the following events would cause the supply curve to decrease from S1 to S2?
A. lower expected future prices B. an increase in the price of inputs C. an increase in the number of firms in the market D. a decrease in the price of inputs
Economics
At the present time, the largest percentage of the national incomes of the low-income DVCs is used for:
A. imports of the finished products of foreign industries. B. food. C. infrastructure. D. industrial development.
Economics