Answers Fall 24 Personal Finance and Economics IC The Law of Supply and DemandQuestion 9

9

AssignmentMultiple Choice

The Law of Supply and Demand

Question 9 • Fall 24 Personal Finance and Economics IC

What would tortilla manufacturers have needed to do in order to make the same profit?

Answer

A

increase the price of tortillas

B

decrease the price of tortillas

C

decrease the supply of tortillas and keep the price the same

D

decrease the supply of tortillas and decrease the price

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