C the quantity of a good on the vertical axis and its

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C) the quantity of a good on the vertical axis and its price on the horizontal axis. D) the quantity of a good on the horizontal axis and its price on the vertical axis. Answer: D
Which of the following shifts the supply curve for gasoline rightward?
Which of the following shifts the supply curve rightward?
Autoworkers negotiate a wage increase; how does this change affect the supply of cars?
If a producer can use resources to produce either good A or good B, then A and B are A) complements in production. B) substitutes in production. C) substitutes in consumption. D) complements in consumption. Answer: B
In the above figure, what is the minimum supply price for the fourth gallon of ice cream?
Good A and good B are substitutes in production. The demand for good A increases so that the price of good A rises. The increase in the price of good A shifts the
Blank tapes and prerecorded tapes are substitutes in production. An increase in the price of a blank tape will cause
Good A and good B are substitutes in production. The demand for good A decreases, which lowers the price of good A. The decrease in the price of good A A) decreases the supply of good B. B) increases the supply of good B. C) decreases the demand for good B. D) increases the demand for good B. Answer: B
It is expected that the price of a bushel of wheat will increase in one month. This belief will result in

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