According to the laws of supply and demand, what will happen to the supply of automobiles if automobile prices rise?
A.
The supply of automobiles will decrease because consumers will buy fewer of them at higher prices.
B.
The supply of automobiles will increase because consumers will buy fewer of them at higher prices.
C.
The supply of automobiles will decrease because consumers will buy more of them at higher prices.
D.
The supply of automobiles will increase because consumers will buy more of them at higher prices.
Answers: 3
Other questions on the subject: History
History, 21.06.2019 21:30, osnielabreu
If one thinks illegal immigrants should become american citizens, should they become american citizens automatically or should there be a waiting period? if there should be a waiting period, explain why.
Answers: 1
History, 22.06.2019 02:00, rbrummitt8029
Which governing principle is best reflected by the representative government created by the constitution a. separation of opwer b. republicanism c. rule of law d. limited government
Answers: 1
You know the right answer?
According to the laws of supply and demand, what will happen to the supply of automobiles if automob...
Questions in other subjects:
Mathematics, 01.03.2021 22:00
Physics, 01.03.2021 22:00
