A decrease in supply with demand remaining unchanged will...
A decrease in supply with demand remaining unchanged will cause the equilibrium price for a good to
Be unchanged
Remain elastic
Remain inelastic
Rise
Correct answer is D
No explanation has been provided for this answer.
Trade among West African countries is poor because the ...
One of the functions of the Central Bank is ...
The Nigerian bank for commerce and industry is ...
The term 'oil shock' is used to describe a situation in which ...
When the demand for a good is fairly inelastic, the burden of an indirect tax falls ...
Lord Keynes identified three motives for holding money, that is, keeping one’s resources in li...
In which situation is it likely that the demand for labour would be inelastic? ...
Wage freeze is a policy measure aimed at ...
In the theory of the consumer behavior, a consumer is said to maximize utility when ...