K Farmers can raise either goats or ostriches on their land. Which of the following would cause the supply of goats to decrease? OA. an increase in the price of ostriches OB. an increase in the demand for goats OC. a decrease in the price of goats O D. an increase in the price of ostrich feed

K Farmers can raise either goats or ostriches on their land. Which of the following would cause the supply of goats to decrease? OA. an increase in the price of ostriches OB. an increase in the demand for goats OC. a decrease in the price of goats O D. an increase in the price of ostrich feed

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section3.3: The Market: Putting Supply And Demand Together

Problem 3ST

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Question

K Farmers can raise either goats or ostriches on their land. Which of the following
would cause the supply of goats to decrease? OA. an increase in the price of
ostriches OB. an increase in the demand for goats OC. a decrease in the price of
goats O D. an increase in the price of ostrich feed

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