The price of pineapples has risen dramatically. Which of the following is likely to happen?

A) The quantity of pineapples supplied will decrease.
B) The supply of pineapples will increase.
C) The supply of pineapples will decrease.
D) The quantity of pineapples supplied will increase.

D

Economics

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List the four criteria that are generally used to evaluate economic outcomes

What will be an ideal response?

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A reduction in the supply of labor will cause

A. wages to increase and employment to increase. B. wages to increase and employment to decrease. C. wages to decrease and employment to increase. D. wages to decrease and employment to decrease.

Economics