?

AP® Macroeconomics

Free Version

Upgrade subject to access all content

Moderate

Determinants of Supply: Cheeseburgers

APMACR-NKZCG6

Which of the following would cause a the equilibrium price of cheeseburgers to increase and the equilibrium quantity of cheeseburgers to decrease?

A

An increase in the price of cheese (an input for cheeseburgers).

B

An increase in the number of cheeseburger shops.

C

Cheeseburger suppliers expect cheeseburger prices to fall in the future.

D

A deccrease in the price of meatloaf, which is also made of ground hamburger.

E

A TV show featuring cheeseburger restaurants kicks off a cheeseburger craze.