An increase in supply could be caused by a(n)
a. increase in price
b. government-imposed price ceiling
c. decrease in resource prices
d. decrease in consumer incomes
e. unfavorable shift in tastes and preferences
C
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Rate of return regulation, as currently applied to many natural monopolies such as public utilities,
A) generally involves the use of price caps. B) gives the firms an incentive to inflate their costs. C) gives the firms an incentive to cut their costs as much as possible. D) generally keeps their prices higher than if they were unregulated monopolists.
Which of the following is a central bank asset?
A) domestic securities and bills B) currency notes C) bank reserve deposits D) government deposits
The capabilities approach considers:
A. how much human capital improves over time in a society. B. what people can be and how much people can do over time in a society. C. how much human capital one society has relative to another. D. how much total output changes over time in a society.
"A reduction in gasoline prices caused the demand for gasoline to increase. The lower gas prices also led to an increase in demand for large cars, causing their prices to rise" This statement contains
What will be an ideal response?