If demand increase in a market this will usually lead to ?

Related Mcqs:

If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is ?

A. a normal good B. none of these answers C. an inferior good D. a substitute good...

A shift is demand will have more effect on price than quantity if ?

A. The price elasticity of supply is price inelastic B. The price elasticity of supply is price elastic C. The price elasticity of supply is perfectly elastic D. The price elasticity of supply is infinity...

We cannot say whether one allocation of resources is better than another allocation because ?

A. some people can’t count B. some people may not be permanent resident C. not all economic activity is legal D. We can’t make value judgments to compare different people’s welfare...

The law of supply states that an increase in the price of a good ?

A. none of these answers B. increases the quantity supplied of that good C. increase the supply of that good D. decrease the demand for the good E. decrease the quantity demanded for that good...

Which of the following is the government most likely to subsidies ?

A. Negative externalies B. Positive externalities C. Monopolies D. Oligopolies...