Multiple Choice
Suppose that some resource X is necessary to produce some good Y.If the price of X falls,
A) the supply curve of resource X shifts to the left.
B) the supply curve of good Y shifts to the right.
C) the supply curve of good Y is unaffected.
D) there is a movement along the supply curve of good Y.
E) the demand curve for X shifts to the right.
Correct Answer:
Verified
Related Questions
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents