In the market for gold, ceteris paribus, the equilibrium price of gold will increase if: A. the supply of gold increases B.price of diamonds, a compliment in consumption, increases C. there is a surplus of gold. D. workers on goldmines strike.

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Chapter6: Supply, Demand, And Government Policies
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In the market for gold, ceteris paribus, the equilibrium price of gold will increase if:

A. the supply of gold increases

B.price of diamonds, a compliment in consumption, increases

C. there is a surplus of gold.

D. workers on goldmines strike.

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