How will a reduction in the price of cotton (a key resource to make jeans) influence the market for blue jeans?
a. The cost of producing blue jeans will rise, and the supply curve for blue jeans will shift to the right.
b. The cost of producing blue jeans will fall, and the supply curve for blue jeans will shift to the left.
c. The cost of producing blue jeans will rise, and the supply curve for blue jeans will shift to the left.
d. The cost of producing blue jeans will fall, and the supply curve for blue jeans will shift to the right.
Answers: 1
Business, 22.06.2019 14:10
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Answers: 1
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
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Business, 22.06.2019 17:00
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Business, 22.06.2019 17:30
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