Solved

If Consumer Desire for Product X Increases, All of the Following

Question 188

Multiple Choice

If consumer desire for product X increases, all of the following will occur except


A) an increase in the profits of industry X.
B) an increase in the quantity of resources employed by industry X.
C) an increase in the output of industry X.
D) a decrease in the quantity of resources employed in industry X.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions