Multiple Choice
A fall in the price of flour,used in making cakes,is likely to ________ of cakes.
A) increase the supply
B) decrease the supply
C) increase the quantity supplied
D) decrease the quantity supplied
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q66: Scenario: A market researcher asks three consumers,
Q67: If all sellers and all buyers face
Q68: The equilibrium quantity in a perfectly competitive
Q69: Willingness to accept is _.<br>A) always lower
Q70: Which of the following is likely to
Q72: The following table shows the market demand
Q73: Refer to the scenario above.You can conclude
Q74: How are the following events likely to
Q75: Scenario: A market researcher asks three consumers,
Q76: The figure below shows the supply curves