A decrease in input costs to firms in a market will result in
A) a decrease in equilibrium price and an increase in equilibrium quantity.
B) a decrease in equilibrium price and a decrease in equilibrium quantity.
C) an increase in equilibrium price and a decrease in equilibrium quantity.
D) an increase in equilibrium price and an increase in equilibrium quantity.
Correct Answer:
Verified
Q97: Suppose the incomes of buyers in a
Q252: Suppose the number of buyers in a
Q396: Suppose there is an earthquake that destroys
Q433: If the supply of a product decreases,then
Q434: If the demand for a product decreases,then
Q437: Saddle shoes are not popular right now,so
Q439: An early frost in the vineyards of
Q441: Which of the following events will definitely
Q442: Equilibrium price will unambiguously increase when
A) demand
Q443: Equilibrium quantity will unambiguously increase when
A) demand
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