In 2000 there were 200,000 gas grills demanded at a price of $500. In 2001 there were more than200,000 gas grills demanded at the same price. This increase could be the result any of thefollowing EXCEPTA) an increase in the supply of gas grills.B) an increase in population.C) an increase in income if gas grills are a normal good.D) a fall in the price of natural gas, a complement for a gas grill.
In 2000 there were 200,000 gas grills demanded at a price of $500. In 2001 there were more than200,000 gas grills demanded at the same price. This increase could be the result any of thefollowing EXCEPTA) an increase in the supply of gas grills.B) an increase in population.C) an increase in income if gas grills are a normal good.D) a fall in the price of natural gas, a complement for a gas grill.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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In 2000 there were 200,000 gas grills
200,000 gas grills demanded at the same price. This increase could be the result any of the
following EXCEPT
A) an increase in the supply of gas grills.
B) an increase in population.
C) an increase in income if gas grills are a normal good.
D) a fall in the price of natural gas, a complement for a gas grill.
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