If the price of flour rises, then bread
...If the price of flour rises, then bread
Demand curve will shift to the left while supply curve will shift to the right
Supply curve will shift to the left
Supply curve will shift to the right
Demand curve will shift to the right while supply curve remains unchanged
Correct answer is B
If the cost of resources used to produce a good increases, sellers will be less inclined to supply the same quantity at a given price, and the supply curve will shift to the left.
The most generally accepted definition of economics is ...
Bills of exchange originates from a ...
The main function of price in the economic system is to ...
The transfer of public share holding in corporations to private enterprise is___________? ...
To facilitate the exportation of crude oil from Nigeria, special ...
Population density refers to ...