Solved

Which of the Following Would Decrease the Supply of Sugar

Question 317

Multiple Choice

Which of the following would decrease the supply of sugar?


A) The demand for sugar increases.
B) A technological advance lowers the cost of producing sugar.
C) The price of artificial sweeteners rises dramatically.
D) The tariff (tax) on imported sugar increases.

Correct Answer:

verifed

Verified

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

Related Questions

Q103: Which of the following is the most

Q253: Prices direct economic activity in a market

Q293: If there is a decrease in both

Q312: Figure 3-22 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9057/.jpg" alt="Figure 3-22

Q313: Economic efficiency requires that<br>A) individuals take all

Q314: Figure 3-15 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9057/.jpg" alt="Figure 3-15

Q321: Figure 3-22 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9057/.jpg" alt="Figure 3-22

Q322: Figure 3-22 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9057/.jpg" alt="Figure 3-22

Q329: Which of the following would most likely

Q367: When property rights are well defined and