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Economics - Financial Markets
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OpenStudy (anonymous):
Which of the following may occur as a result of an increase in the price of cell phones? a. increase in supply b. increase in quantity supplied c. decrease in supply d. decrease in quantity supplied
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OpenStudy (anonymous):
I think its either b or c...
OpenStudy (anonymous):
Also, if its okay I need help with this too: Use the above graph to answer the following question. Which situation could cause the market for books to shift from line 1 to line 2? a. an increase in the price of books b. a fire that destroys the paper factories c. a decrease in the price of book binding glue d. a celebrity commercial encouraging reading
OpenStudy (anonymous):
anyone there?
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