A reduction in the costs of production will ?

Related Mcqs:

The law of demand states that an increases in the price of a good ?

A. None of these answers B. decreases the quantity supplied of that good C. decreases the quantity demanded for that good D. increases the quantity supplied of that good...

A movement along the demand curve may be caused by ?

A. A change in income B. A change in the number of buyers C. A change in advertising D. A shift in supply...

A natural monopoly has a declining _______ over a large range of output?

A. long run marginal cost B. short run marginal cost C. long run average cost D. long run marginal cost...

Except for taxes to offset ______ taxes are ______?

A. imperfect competition popular B. externalities , distortionary C. inequality , a first best option D. poor health, unnecessary...

The price mechanism does not act as a ?

A. Signal B. Incentive C. Rationing device D. Indicator of income...