Multiple Choice
Suppose that in 2012 a Canadian city experiences a big increase in the amount of commercial space that is available for rent.What is most likely to occur?
A) The rents for commercial space will not be affected.
B) Rents will go up.
C) Rents will go down as long as there is not a big increase in demand.
D) Resource prices will increase.
E) Demand will increase in line with supply.
Correct Answer:
Verified
Correct Answer:
Verified
Q37: Boeing,a manufacturer of large commercial aircraft,raises its
Q40: What was the Industrial Revolution?
Q43: What provides the motivation for an entrepreneur
Q45: In 1800,Canadian exports of manufactured goods were
Q46: How does the internet affect domestic and
Q47: Most of the goods and services consumed
Q157: The federal government sold the Lester B.
Q179: The law of demand states that buyers
Q179: Describe the law of demand.
Q244: The Gap makes their products appear to