Which of the following results in a movement along the supply curve of spinach but does not shift the supply curve of spinach?
A) disastrous weather that destroys half of this year's spinach crop
B) a rise in the price of spinach
C) an increase in wages for workers in spinach fields
D) great weather that produces a bumper spinach crop this year
B
You might also like to view...
Airbus is an European jet airline producer. Indian Airlines wants to buy 23 Airbus planes from Airbus, due to increased demand for world travel. As a result, the
A) demand curve for euros shifts rightward. B) demand curve for euros shifts leftward. C) supply curve for euros shifts rightward. D) quantity demanded for euros decreases.
You are having a party and one of your guests lights up a cigar without asking. Explain why this creates an externality
What will be an ideal response?
Other things the same, if the money supply rises by 5% and people were expecting it to rise by 2%, then some firms have
a) lower than desired prices, which increases their sales. b) higher than desired prices, which increases their sales. c) higher than desired prices, which depresses their sales. d) lower than desired prices, which depresses their sales.
Gross private domestic investment includes business:
A. purchases of capital goods, all new construction, and purchases of consumer durable goods. B. purchases of capital goods, all new construction, and inventory investment. C. purchases of capital goods, all new commercial construction, and inventory investment. D. purchases of all types of durable goods, all new construction, and inventory investment.