An increase in demand that leads to an increase in wealth

Business Management Mcqs
BILAL KHATTAK0

A.Will induce new firms to begin production
B.Will induce existing firms to produce close substitutes
C.Will induce both new and existing firms to bid resources away from other uses
D.Will increase the value and hence the cost of resources used in producing that good
E.All of the above

Related Mcqs:

  1. Which one of the following pairs is correctly matched?
  2. Demand for electricity is elastic because
  3. An organisation may decide to buy a component from outside when
  4. A fall in demand for the product of a monopolised industry when predicted with lead to
  5. The elasticity of demand explains the relationship between
  6. The purpose of annealing is to
  7. M.T.M. helps in
  8. Which of the following is not the effective good material handling?
  9. Assuming the statistical information is available, which of the following is the best measure of an increase in a country’s economic efficiency?
  10. Maximizing Shareholder wealth:?

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