If the price of automobiles were to decrease substantially, the demand curve for public transportation would most likely
A) shift right.
B) shift left.
C) remain unchanged.
D) remain unchanged while quantity demanded would change.
B
Economics
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Indicate whether the statement is true or false
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When a nation has no funds to finance economic development, how can it acquire the needed funds? Is the country a net lender or a net borrower?
What will be an ideal response?
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Explain how the output effect and the price effect influence the production decision of the individual oligopolist
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Discuss the roles that rising and falling interest rates play in causing shifts of the entire AD curve.
What will be an ideal response?
Economics