MCQOPTIONS
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| 1. |
Which of the following statements is true about the impact of an increase in the price of lettuce ? |
| A. | Both the demand for lettuce will decrease and the equilibrium price and quantity of salad dressing will fall |
| B. | The supply of lettuce will decrease |
| C. | The demand for lettuce will decrease |
| D. | The equilibrium price and quantity of salad dressing will fall |
| E. | The equilibrium price and quantity of salad dressing will rise |
| Answer» E. The equilibrium price and quantity of salad dressing will rise | |