According to the law of supply, if the price of electric ranges increased, everything else held constant (ceteris paribus), then (A) the supply of electric ranges would decrease. (B) the demand for gas ranges would decrease. (C) the demand for electric ranges would increase. (D) the supply of dishwashers would increase. (E) the quantity supplied of electric ranges would increase.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “According to the law of supply, if the price of electric ranges increased, everything else held constant (ceteris paribus), then (A) the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Money market deposit accounts are a type of checking and investment account. True or False?
Answers (2)
The wages of a timekeeper in the factory would be classified as
Answers (1)
1. A parent has a 90% interest in its subsidiary. The subsidiary sold land at a gain to the parent in the current year. The parent still holds the land.
Answers (2)
You manage a software development group with team members in North America, South America, and Asia. Your boss wants you to write a status report about your group's activities.
Answers (1)
A monopolist will earn economic profits as long as his price exceeds. True or False
Answers (1)
New Questions in Business
Kenya makes sure that her company uses available technologies to listen to what people are saying. which strategy is kenya using to respond to negative criticism? a. respond appropriately b. monitor the conversation c. evaluate negative messages d.
Answers (1)
Which of the following is most likely true about direct and digital marketing? Group of answer choices They make it increasingly difficult for sellers to adjust their prices. They reduce the number of interaction options between buyers and sellers.
Answers (2)
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the: a. balance of trade b. balance of payments c. free trade d. trade deficit
Answers (1)
You own and are the only employee of a company that sells custom embroidered pet sweaters. Last year your total revenue was $120,000. Your costs for equipment, rent, and supplies were $30,000.
Answers (2)
When a country has a comparative advantage in producing a certain good, a. the country should import that good. b. the country should produce just enough of that good for its own consumption.
Answers (1)