Solved

Which Statement Is False

Question 163

Multiple Choice

Which statement is false?


A) The retail market for gasoline is regional.
B) An increase in the wage rate paid to construction workers will tend to decrease the supply of new homes.
C) An increase in the demand for steak could be caused quickly by the expectation of a future cutback in the supply of steak.
D) A shift in the supply curve for gasoline in the United States would result if the OPEC nations increased production of oil for worldwide distribution.

Correct Answer:

verifed

Verified

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

Related Questions

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