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Loraine Loraine
wrote...
Posts: 4563
8 years ago
An increase in the productivity of producing jeans results in
A) the quantity of jeans supplied increasing.
B) the supply of jeans increasing.
C) buyers demanding more jeans because they are now more efficiently produced.
D) buyers demanding fewer jeans because their price will fall, which signals lower quality.
E) some change, but the impact on the supply of jeans is impossible to predict.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 810 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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8 years ago
B
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8 years ago
Thanks for updating the community. A lot posters don't realize how important feedback is!
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