Sellers who were originally willing to supply 800 units of a good at $4 per unit are now willing to supply 800 units at $3 per unit.That change would be described as:
A) an increase in supply.
B) a decrease in supply.
C) an increase in quantity supplied.
D) a decrease in quantity supplied.
Correct Answer:
Verified
Q11: Buyers are able to buy all they
Q182: The quantity of hamburger that households are
Q183: Which of the following is true?
A)A decrease
Q186: The price of peanut butter falls and
Q188: At an equilibrium price:
A)quantity demanded exceeds quantity
Q190: At the equilibrium price for gasoline:
A)everyone with
Q191: Which of the following is the correct
Q192: Which of the following is true?
A)According to
Q194: Sellers who were originally willing to supply
Q200: Upward shifts are
A)increases in both demand and
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