10.Which of the following would cause the demand curve for brooms to shift to the right, assuming that brooms were an inferior good? A-The price of brooms increases. B-The price of a complement increases. C-The income of all consumers decreases. D-The economy strengthens because of decreased taxes. E-The production of brooms decreases because of vacuum cleaners.
10.Which of the following would cause the
A-The
11.If a firm with a supply schedule with positive units at every price leaves a market, ceteris paribus, what will happen to the market supply?
A-It will shift right by that firm's output quantity at every price.
B-It will shift left or decrease by that firm's output quantity at every price.
C-It will not change. D-It will become more elastic. E-Insufficient data to determine.
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