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B88101 B88101
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A year ago

Resource X is necessary to the production of good Y. If the price of resource X rises, the _____________ curve for good Y will shift ____________ resulting in a(n) _____________ in the equilibrium price of Y and a(n) ____________ in the equilibrium quantity of Y.



▸

supply; rightward; decrease; increase.



▸

demand; leftward; decrease; decrease



▸

demand; rightward; increase; increase



▸

supply; leftward; increase; decrease



▸

supply; leftward; increase; increase

Textbook 
Economics

Economics


Edition: 12th
Author:
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carducbcarducb
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