Solved

Which of the Following Would Cause Price to Increase

Question 37

Multiple Choice

Which of the following would cause price to increase?


A) an increase in supply
B) a decrease in demand
C) a surplus of the good
D) a shortage of the good

Correct Answer:

verifed

Verified

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

Related Questions

Q32: A shortage exists in a market if
A)there

Q34: A university's football stadium is always sold

Q35: If,at the current price,there is a surplus

Q36: When a surplus exists in a market,sellers
A)raise

Q39: When the price of a good is

Q40: The current price of blue jeans is

Q41: Figure 4-18 Figure 4-18 </p></div><svg width=

Q42: Figure 4-20 Figure 4-20 </p></div><svg width=

Q250: Suppose that demand for a good increases

Q255: If a surplus exists in a market,

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents