Multiple Choice
George Gnat subscribes to a monthly pest control service for his home.Last week the owner of the service informed George that he will have to raise his monthly service fee because of increases in the price of gasoline used by his workers on their service trips.How is the market for pest control services affected by this?
A) There is an increase in the supply of pest control services.
B) There is a decrease in the demand for pest control services.
C) There is a decrease in the quantity supplied of pest control services.
D) There is a decrease in the supply of pest control services.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Figure 3-8 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 3-8
Q18: If the demand for letters written by
Q115: If the price of prime rib falls,the
Q116: Figure 3-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4189/.jpg" alt="Figure 3-5
Q123: Which of the following statements is true?<br>A)A
Q159: The substitution effect explains why there is
Q179: A normal good is a good for
Q196: Studies have shown that drinking one glass
Q212: Suppose that when the price of pickles
Q225: If the price of beef jerky rises,the