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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Which of the following would cause the equilibrium price of white bread to decrease and the equilibrium quantity of white bread to increase?
A) a decrease in the price of flour
B) an increase in the price of flour
C) an increase in the price of rye bread, a substitute for white bread
D) an increase in the price of butter, a complement for white bread
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 220 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SmooothSmoooth
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Posts: 5500
9 years ago
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9 years ago
My pleasure Happy Dummy
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