Other things being equal, an increase in supply will lead...
Other things being equal, an increase in supply will lead to
A fall in price and an increase in quantity bought and sold
An increase in price and increase in quantity bought and sold
A fall in price and a fall in quantity bought and sold
An increase in quantity supplied and demanded only
Correct answer is A
A change in supply will cause equilibrium price and output to change inopposite directions. a. An increase in supply will cause a reduction in the equilibrium price and an inase in the equilibrium quantity of a good.
When the production possibility curve shifts outwards, the economy experiences ...
Mono production economies are those that____ ...
One of the functions of the commercial banks is that it is ...
An increase in the marginal cost of production causes ...
The central bank Can reduce the ability of commercial banks to give out loans by ...
Frictional unemployment occurs when? ...
Census figure of most countries in West Africa is inaccurate because of ...
The interest charged on loans is determined by the __________? ...