Q
Which of the following statements is true about the impact of an increase in the price of lettuce ?
-
A
A. Both the demand for lettuce will decrease and the equilibrium price and quantity of salad dressing will fall
-
B
B. The supply of lettuce will decrease
-
C
C. The demand for lettuce will decrease
-
D
D. The equilibrium price and quantity of salad dressing will fall
Correct Answer:
D. D. The equilibrium price and quantity of salad dressing will fall