If the supply of apples decreases which of the following will-09147
If the supply of apples decreases, which of the following will generally occur in a market setting?
This multiple choice question (MCQ) is related to the book/course
vu eco402 Microeconomics.
It can also be found in
vu eco402 Final Term - Quiz No.6.
If the supply of apples decreases, which of the following will generally occur in a market setting?
Demand for apples will decrease.
The quantity demanded will increase.
The costs of apple producers will decrease.
The price of apples will increase.
Similar question(s) are as followings:
If the demand for a good increases, which of the following will generally occur in a market setting?
If the demand for a good decreases, which of the following will generally occur in a market setting?
