67) Which of the following shifts the demand for watches to the right?
Answer is:
a decrease in the price of watch batteries if watch batteries and watches are complements
Related Micro Economics MCQ (GK Set-1) with Answers
Answer is:
an increase in the price of watches.
Answer is:
there is a surplus (i.e. an excess supply) and the price will fall.
Answer is:
there is a shortage (i.e. an excess demand) and the price will rise.
Answer is: