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    Exam 4: The Market Forces of Supply and Demand
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    Bo Bakes Muffins That He Sells at the Local Farmer's
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Bo Bakes Muffins That He Sells at the Local Farmer's

Question 74

Question 74

Multiple Choice

Bo bakes muffins that he sells at the local farmer's market. If he purchases a new convection oven that reduces the costs of baking muffins, the


A) supply of Bo's muffins will increase.
B) supply of Bo's muffins will decrease.
C) demand for Bo's muffins will increase.
D) demand for Bo's muffins will decrease.

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