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Loraine Loraine
wrote...
Posts: 4563
9 years ago
Which of the following lowers the equilibrium price of a canoe?
A) an increase in the supply of canoes
B) an increase in the demand for canoes
C) an increase in the quantity of canoes supplied
D) a decrease in the supply of canoes
E) Both answers A and B are correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 737 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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DropxDropx
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Posts: 1991
8 years ago
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8 years ago
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