Solved

If the Quantity of a Good Exchanged Decreased

Question 146

Multiple Choice

If the quantity of a good exchanged decreased,


A) ​It would also increase the price if it was caused by a shift in demand.
B) ​It would also increase the price if it was caused by a shift in supply.​
C) ​It would always decrease the price as well.
D) ​None of the above would be true.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions