Multiple Choice
A shift in supply is defined as a change in
A) Price.
B) Quantity supplied because of a change in price.
C) Equilibrium quantity.
D) The supply curve because of a change in a determinant of supply.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q110: Assume that pencils and pens are substitutes.If
Q111: Assume a series of forest fires reduces
Q112: Unlike consumers and business firms,the public sector
Q113: As a result of specialization and trade,individuals
Q114: The equilibrium price in a market is
Q116: Ceteris paribus,which of the following is most
Q117: Choose the letter of the diagram in
Q118: The equilibrium price and quantity in Figure
Q119: A change in demand means there has
Q120: Which of the following is most likely