Multiple Choice
An increase in the price of input used to produce a product will lead to
A) a decrease in the demand for that product.
B) a decrease in quantity supplied of that product
C) a decrease in the supply of that product.
D) an increase in the supply of that product.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q175: Which of the following factors will lead
Q176: According to the law of demand<br>A) people
Q177: When a surplus exists<br>A) the price is
Q178: Which of the following is NOT true
Q179: When the amount supplied is greater at
Q181: Which of the following are complementary goods?<br>A)
Q182: Total market demand can be calculated by<br>A)
Q183: Which of the following statements is consistent
Q184: The price of a phone call at
Q185: Which of the following will cause a