Multiple Choice
Which of the following would shift the supply curve for CDs to the right?
A) a decrease in the price of materials used to make CDs
B) a rise in the cost of labor used to make CDs
C) an increase in the price of audio cassettes
D) a decrease in the number of suppliers
E) an increase in the price of CDs
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which of the following will not shift
Q3: Exhibit 4-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-1
Q4: A price ceiling set below the equilibrium
Q5: If people believe that prices are going
Q6: Exhibit 4-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 4-1
Q7: Which of the following will cause the
Q8: Movements along a demand curve are called
Q9: If the price of gasoline (a normal
Q10: Studies show that the supply curve for
Q11: If the market for beef cattle was