Which one of the following would cause an increase in the supply of planes?Select one:O a. an increase in the price of planesO b. an increase in taxes applied to plane producersOc. an improvement in the technology used to produce planesO d. a decrease in the demand for planesWhich of the following results in a movement along the supply curve of spinach but does not shift thesupply curve of spinach?Select one:O a. a rise in the price of spinachO b. disastrous weather that destroys half of this year's spinach cropthis yearOc. great weather that produces a bumper spinach cropO d. an increase in wages for workers in spinach fields

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Which one of the following Would cause an increase in the supply of planes? Select one: O a. an increase in the price of planes b. an increase in taxes applied to plane producers O c. an improvement in the technology used to produce planes d. a decrease in the demand for planes

Which one of the following Would cause an increase in the supply of planes? Select one: O a. an increase in the price of planes b. an increase in taxes applied to plane producers O c. an improvement in the technology used to produce planes d. a decrease in the demand for planes

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter4: Supply And Demand: An Initial Look

Section: Chapter Questions

Problem 3TY

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Question

Which one of the following would cause an increase in the supply of planes?
Select one:
O a. an increase in the price of planes
O b. an increase in taxes applied to plane producers
Oc. an improvement in the technology used to produce planes
O d. a decrease in the demand for planes
Which of the following results in a movement along the supply curve of spinach but does not shift the
supply curve of spinach?
Select one:
O a. a rise in the price of spinach
O b. disastrous weather that destroys half of this year's spinach crop
this year
Oc. great weather that produces a bumper spinach crop
O d. an increase in wages for workers in spinach fields

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