MCQ Hive stays free thanks to ads. Please disable your ad blocker for this site so content and features keep working.
Economics Mcqs
Q
Suppose consumer tastes shift toward the consumption of apples Which of the following statements is an accurate description of the impact of this event on the market for apples ?
AA. there is an increase in the quantity demanded of apples and in the supply for apples
BB. there is an increase in the demand and supply of apples.
CC. there is an increase in the demand for apples and a decrease in the supply of apples
DD. there is a decrease in the quantity demanded of apples and an increase in the supply for apples