A fall in the price of milk, used in the production of ice cream, will

A. Decrease the supply of ice cream.
B. Have no effect on the supply of ice cream.
C. Increase the supply of ice cream.
D. Cause a movement along the supply curve of ice cream.

Question

A fall in the price of milk, used in the production of ice cream, will
 
A. Decrease the supply of ice cream.
B. Have no effect on the supply of ice cream.
C. Increase the supply of ice cream.
D. Cause a movement along the supply curve of ice cream.

A fall in the price of milk, used in the production of ice cream, will

A. Decrease the supply of ice cream.

B. Have no effect on the supply of ice cream.

C. Increase the supply of ice cream.

D. Cause a movement along the supply curve of ice cream.

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

Weekly leaderboard

A fall in the price of milk, used in the production of ice cream, will A. Decrease the supply of ice cream. B. Have no effect on the supply of ice cream. C. Increase the supply of ice cream. D. Cause a movement along the supply curve of ice cream.