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Can I please get help with the following questions?: Both supply and demand increase. What will happen to quantities sold in a market? A. quantities
Can I please get help with the following questions?:
Both supply and demand increase. What will happen to quantities sold in a market?
A. quantities increase B. quantities decrease C. quantities don't change D. we can't tell without more info
Tastes change so that demand for a product falls. At the same time tax rates on the product paid by the producers were lowered. Given that output increased and prices fell as a result, which change had the largest effect?
A. Cant tell B. Change in tastes C. Change in taxes D. Likely about the same size
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