Cpt economics
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2013
suppose that supply of the cameras increases due to an increase in foriegn imports.which of thw following will most likely occur?
a)the equilibrium price of cameras wil increase
b)the equilibrium quantities of cameras exchanged will deccrease
c)the equilibrium price of camera film will decrease
d)the equilibrium quantity of camera film exchanged will icrease
a)the equilibrium price of cameras wil increase
b)the equilibrium quantities of cameras exchanged will deccrease
c)the equilibrium price of camera film will decrease
d)the equilibrium quantity of camera film exchanged will icrease
22 November 2013
already answered elsewhere.
the equilibrium price will fall.
the equilibrium price will fall.
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