A downward sloping demand curve intersect a fixed supply ...
A downward sloping demand curve intersect a fixed supply curve, a shift of this demand curve to the right implies that?
Both price and quantity will increased
Only price increases
Only quantity increases
The price remains constant
The price falls
Correct answer is A
No explanation has been provided for this answer.
Mono production economies are those that____ ...
Any price below the equilibrium price will lead to ...
According to the theory of comparative advantages, countries are to specialize based on their ...
Which of the following is not a member of the Economic Community of West African State (ECOWAS)? ...
Most of the National debts is "dead weight" in the sense that is___ ...
Devaluation of the naira as a condition for the international Monetary Fund 'loan' is consid...