All of the following shift the supply of watches to the right except ?

Market 29/11/2020

A. an advance in the technology used to manufacture watches
B. an increase in the price of watches
C. All of these answers cause an increase in the supply of watches
D. a decrease in the wage of workers employed to manufacture watches

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 shift in supply will have more effect on price than quantity if ?
    A. The price elasticity of supply is – 3 B. The price elasticity of supply is – 0.2 C. The price elasticity of supply is – 2 D. The price elasticity of supply is infinity...
    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...
    The effect of a tax to offset a negative externality will be to ____ price and ______ quantity?
    A. reduce , reduce B. increase, increase C. increase, reduce D. reduce, increase...
    The price mechanism cannot ?
    A. Act as a signal B. Act as a incentive C. Act as a rationing device D. shift the demand curve...

Leave a Reply

Your email address will not be published. Required fields are marked *