Applying Economics to World History Answers

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3

How would the market for blueberries be affected by their scarcity in the winter?

A
Supply would go up.
B
Demand would go up.
C
Prices would go down.
D
A surplus would occur.
4

How did increased trade affect the way that ancient people exchanged goods and services?

A
It reduced the demand for goods and services.
B
It made goods and services more expensive.
C
It made different civilizations interact less often.
D
It led to standard measures and then currency.

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Applying Economics to World History Answers…