If an increase occurs in the demand for product X, all of the following will occur except:
A. an increase in the profits of industry X.
B. an increase in the demand for resources employed by industry X.
C. an increase in the output of industry X.
D. a decrease in the prices of resources employed in industry X.
Answer:D
If an increase occurs in the demand for product X, all of the following will occur except:
A. an increase in the profits of industry X. B. an increase in the demand for resources employed by industry X. C. an increase in the output of industry X. D. a decrease in the prices of resources employed in industry X.