The price of pineapples has risen dramatically. Which of the following is likely to happen?

A) The quantity of pineapples supplied will decrease.
B) The supply of pineapples will increase.
C) The supply of pineapples will decrease.
D) The quantity of pineapples supplied will increase.


D

Economics

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Corporate takeovers of a firm occur

A. when one firm’s market share for their product goes to zero. B. when a group acquires sufficient stock in a firm to take control of the firm’s operations. C. when a new chief executive officer replaces the previous chief executive. D. when a corporation issues new shares of stock.

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In the 1960s and 1970s the U.S. passed several major consumer safety laws, including the Flammable Fabrics Act and the Child Protection Act. The economic impact of such legislation may include all of the following except:

a. reducing the price of the regulated product. b. increasing the cost of producing the regulated product. c. reducing the supply of the regulated product. d. reducing competition within the regulated industry.

Economics

Each resource described in the table is an element of human capital, physical capital, or natural resources. In the following table, choose the correct type of resource illustrated by each example. Human capital Physical capital Natural resources A musical instrument used by a professional band The ability to multitask, which is enhanced through college and internships A body of water used to transport goods from one island to another

What will be an ideal response?

Economics

Manufacturers of Weightbegone are concerned that genetic advances in weight control might reduce the demand for their diet snacks. This is an example of

a. firm-specific risk, which will likely raise shareholders' demand for higher return. b. firm-specific risk, which will likely not likely raise shareholders' demand for higher return. c. market risk, which will likely raise shareholders' demand for higher return. d. market risk, which will likely not raise shareholders' demand for higher return.

Economics