Sun 14 MarAAA elearn.squ.edu.omLog InLog InFavoritesO ACCT2121_y...أغلى سيارات ف. . •(Log InLEARNING SYSTEM (ACADEMIC)nciples of Macroeconomics|| Spring21tionWhich of the following would cause an increase in the market supply of drones?Select one:O a.a decrease in the demand for dronesput ofOb.an increase in taxes levied on dronesc.an increase in the cost of components used to make dronesd.an increase in the number of firms making dronesmavigationd Al Risi

Market supply is defined as the amount of product that producers want and able to trade at a…

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MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter4: Supply And Demand: An Initial Look

Section: Chapter Questions

Problem 2TY

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Last year, 1000 galions of almond milk (a non dairy product) were sold ata price of $10 Yet, this year, a bad harvest in Caifomia has wiped outa significant part of the aimond harvest. At the same tme, a larger number of people are looking to shift away from dairy products towards non-dairy atematives. Because of these two changee. O. the equilibrum price will increase and change in the equlbrum quantity is unambiguous O. he equtibrium price will decrease but change in the equilbrum quantity is ambiguous O. he change in the equiibrium price is ambiguous, but the equilbrium quantty wil increase O. he equiibrium price will increase but change in the equilbrum quantity is ambiguous

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