Decreased mortgage interest rates and a decrease in construction workers' wages would both be likely to cause the selling price of a house to decrease.
Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
Yes, if a good is normal, a decrease in price will likely cause a significant substitution effect, leading consumers to switch to the cheaper good.
layoffs at a large defense contracting company
layoffs at a large defense contracting company
The circumstance that is most likely to cause a farmer to store soybeans for future sale instead of selling them right after harvest is having a surplus. When there is an overabundance, the farmer will not get paid as much.
The aliens start attacking them more
Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
Yes, if a good is normal, a decrease in price will likely cause a significant substitution effect, leading consumers to switch to the cheaper good.
layoffs at a large defense contracting company
C&d
layoffs at a large defense contracting company
The circumstance that is most likely to cause a farmer to store soybeans for future sale instead of selling them right after harvest is having a surplus. When there is an overabundance, the farmer will not get paid as much.
The company decides to go into a different line of business.
A decrease in the energy produced by the Sun. Energy from the sun provides heat so a decrease in this would lead to cooling.
decrease in aggregate demand
An increase in prey availability is most likely to cause an increase in a predator population as more food leads to better survival and reproduction rates for the predators. Additionally, a decrease in competition from other predators or a decrease in predation pressure from other sources can also contribute to a rise in predator numbers.
A change from sea level to 5km above sea level. This will cause dry air to decrease. As air rises, it expands and cools.