K Farmers can raise either goats or ostriches on their land. Which of the following would cause the supply of goats to decrease? OA. an increase in the price of ostriches OB. an increase in the demand for goats OC. a decrease in the price of goats O D. an increase in the price of ostrich feed

K Farmers can raise either goats or ostriches on their land. Which of the following would cause the supply of goats to decrease? OA. an increase in the price of ostriches OB. an increase in the demand for goats OC. a decrease in the price of goats O D. an increase in the price of ostrich feed

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter5: Markets In Motion And Price Controls

Section: Chapter Questions

Problem 1P

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Question

K Farmers can raise either goats or ostriches on their land. Which of the following
would cause the supply of goats to decrease? OA. an increase in the price of
ostriches OB. an increase in the demand for goats OC. a decrease in the price of
goats O D. an increase in the price of ostrich feed

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