A decrease in the price of a good will
a. increase supply
b. decrease supply.
c. increase quantity supplied.
d. decrease quantity supplied.
d
Economics
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The U.S. and the Canadian currencies are the only two in the world that are called "dollars."
Indicate whether the statement is true or false
Economics
When the current price is above the market-clearing level we would expect:
A) quantity demanded to exceed quantity supplied. B) quantity supplied to exceed quantity demanded. C) a shortage. D) greater production to occur during the next period.
Economics