A decrease in supply can be brought about by _________. a) a price increase b) a price

Question:

A decrease in supply can be brought about by _________.

a) a price increase

b) a price decrease

c) a random event like a hurricane or an earthquake

d) a change in consumers’ tastes or preferences

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

Question Posted: