A decrease in the cost of petrol used to transport LED television sets from a harbour to Gauteng, is most likely to: A. decrease the demand for LED television sets in Gauteng. B. increase the supply of LED television sets in Gauteng. C. decrease the equilibrium quantity of LED television sets traded in Gauteng. D. decrease the quantity of LED television sets demanded in Mpumalanga. E. decrease the supply of LED television sets in Gauteng.

A decrease in the cost of petrol used to transport LED television sets from a harbour to Gauteng, is most likely to: A. decrease the demand for LED television sets in Gauteng. B. increase the supply of LED television sets in Gauteng. C. decrease the equilibrium quantity of LED television sets traded in Gauteng. D. decrease the quantity of LED television sets demanded in Mpumalanga. E. decrease the supply of LED television sets in Gauteng.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter4: Markets In Action

Section: Chapter Questions

Problem 2SQ

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A decrease in the cost of petrol used to transport LED television sets from a harbour to Gauteng, is
most likely to:
A. decrease the demand for LED television sets in Gauteng.
B. increase the supply of LED television sets in Gauteng.
C. decrease the equilibrium quantity of LED television sets traded in Gauteng.
D. decrease the quantity of LED television sets demanded in Mpumalanga.
E. decrease the supply of LED television sets in Gauteng.

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