Which of the following would unambiguously cause a decrease in the equilibrium price of cotton shirts? ( )
A: an increase in the price of wool shirts and a decrease in the price of raw cotton
B: a decrease in the price of wool shirts and a decrease in the price of raw cotton.
C: an increase in the price of wool shirts and an increase in the price of raw cotton.
D: a decrease in the price of wool shirts and an increase in the price of raw cotton.
A: an increase in the price of wool shirts and a decrease in the price of raw cotton
B: a decrease in the price of wool shirts and a decrease in the price of raw cotton.
C: an increase in the price of wool shirts and an increase in the price of raw cotton.
D: a decrease in the price of wool shirts and an increase in the price of raw cotton.
举一反三
- An increase in market supply and an increase in market demand will result in A: A decrease in equilibrium price and an increase in equilibrium quantity B: A decrease in equilibrium price - the change in equilibrium quantity is indeterminate C: An increase in equilibrium quantity and the change in price is unclear D: all of above
- Which of the following would increase the supply of corn? A: a decrease in the price of wheat B: an increase in the price of pesticides C: a severe drought in the corn belt D: a decrease in the demand for corn E: a fall in the price of corn
- Which of the following can be predicted to increase the demand for labor? a. An increase in the price of a gross complement to labor b. A decrease in the price of a gross substitute for labor c. A decrease in the number of firms d. An increase in product demand A: An increase in the price of a gross complement to labor B: A decrease in the price of a gross substitute for labor C: A decrease in the number of firms D: An increase in product demand
- Which of the following would increase the price level? A: an increase in taxes. B: an increase in the money supply. C: an increase in the expected price level. D: a decrease in the natural rate of unemployment.
- Which of the following will definitely occur when there is an increase in demand for and a decrease in supply of milk? A: an increase in equilibrium quantity B: a decrease in equilibrium quantity C: a decrease in equilibrium price D: an increase in equilibrium price.