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-Suppose a Change Takes Place and the New Equilibrium Is

Question 92

Multiple Choice

-Suppose a change takes place and the new equilibrium is at point A in the above figure. This change could have been caused by A) an increase in the per-unit tax on CDs. B) a decrease in the income of consumers. C) a reduction in the wages paid to workers in the CD industry. D) a reduction in the price of CD players.
-Suppose a change takes place and the new equilibrium is at point A in the above figure. This change could have been caused by


A) an increase in the per-unit tax on CDs.
B) a decrease in the income of consumers.
C) a reduction in the wages paid to workers in the CD industry.
D) a reduction in the price of CD players.

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