Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Sublight2097 Sublight2097
wrote...
Go to Answer
Posts: 4132
Rep: 15 0
9 years ago
Which is the most likely effect upon the market for cotton of a significant improvement in the quality of synthetic textiles?
A) A decrease in demand and hence a decrease in both the price of cotton and the quantity exchanged.
B) A decrease in demand and hence a decrease in the price of cotton and an increase in the quantity exchanged.
C) A decrease in demand and hence an increase in the price of cotton and a decrease in the quantity exchanged.
D) A decrease in both demand and supply and hence a decline in the quantity exchanged but no predictable change in the price of cotton.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 314 times
3 Replies
Replies
Answer verified by a subject expert
DropxDropx
wrote...
#1
Top Poster
Posts: 1991
Rep: 225 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Sublight2097 Author
wrote...
#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
#3
9 years ago
Another success story!

I'm proud Smiling Face with Glasses
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  386 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1084
  
 158
  
 515