If good growing conditions increase the supply of strawberries and hot weather increases the demand for strawberries, the quantity of strawberries bought ________
A) increases and the price might rise, fall or not change
B) increases and the price rises
C) doesn't change and the price falls
D) doesn't change and the price rises
A
You might also like to view...
By the first years of the 21st century, the rate of inflation in the United States had fallen to between ________ percent
A) 1 and 2 B) 4 and 5 C) 5 and 6 D) 8 and 10
15) In the figure above, the opportunity cost of moving from point B to point C A) is the loss in production in the healthcare sector. B) is the increase in production in the education sector. C) is zero. D) is the loss in production in the education sector.
Producers try to sell goods that are ______.
a. worth more to them than to the purchaser b. worth an equal amount to them as the asking price c. worth less to them than the asking price d. worth more to them than the asking price
Time lags between the production decision and the resultant harvest contribute to
A. Price stability. B. Price instability. C. Loss. D. Profit.