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  3. Study Set
    Fundamentals of Economics
  4. Exam
    Exam 3: Applications of Demand and Supply
  5. Question
    A Ban Has the Effect of ____ the ____ For/of
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A Ban Has the Effect of ____ the ____ For/of

Question 62

Question 62

Multiple Choice

A ban has the effect of ____ the ____ for/of the product. Equilibrium price will ____.


A) increasing; demand; increase
B) increasing; supply; decrease
C) decreasing; supply; increase
D) decreasing; demand; decrease
E) eliminating; demand; not exist

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