A. only the quantity will increase
B. The prices will remain constant
C. the equilibrium price and quantity will increase
D. only the price will increase
Correct Answer:
Option C – the equilibrium price and quantity will increase
200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…
200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…
200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…
200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…
200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…
200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…