The effect of consumer boycotts usually is:

A. A rise in the price of the product

B. A decrease in the demand for the product

C. A decrease in the supply of the product

D. An increase in the quantity supplied of the product

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. The Law of Diminishing Marginal Returns can be explained in terms of:
  2. Government planners play a central role in allocating resources:
  3. Who stated explicitly for the first time the Law of Camparative Costs?
  4. The elasticity of demand is equal to slope of demand function divided by:
  5. Selling costs are incurred under monopolistic competition to:
  6. Theory of revealed preference is based on:
  7. The spending of money by the producer to influence consumers is an example of:
  8. The long-run average cost is based on the fact that:
  9. The slope of the iso-cost line (budget line) is determined by:
  10. Income distribution effects:
  11. Price is measured in:
  12. The word ECONOMICS is derived from the Greek terms meanings:
  13. The short-run supply curve of the perfectly competitive firm is given by:
  14. Price discrimination occurs when:
  15. If price exceeds AVC but in smaller than AC at the best level of output, the firm is:
  16. In Prisoners Dillemma, the players are:
  17. The basic and essential economic problems in a community are related to choice and:
  18. Rational economic behavior on the part of the consumer means that he will:
  19. In finding equilibrium position of a profitmaximizing firm, which technique is most convenient?
  20. If the price of a product falls which of the following would occur?
  21. In the short-run, in which one of the following situations would a competitive seller close down (shut-down)?
  22. In the perfect competition, there is a process of:
  23. If in the long run all factor inputs are increased three times and the resulting output is four times…
  24. A vertical supply curve parallel to the price axis implies that the elasticity of supply is:
  25. The Hicksian indirect utility function in the form of equation is:
  26. The slope of indifference curve shows:
  27. In respect of which of the following category of goods is consumers surplus highest?
  28. At the shut-down point in perfect competition:
  29. Necessary condition for consumer equilibrium is:
  30. With firms having cost differences under perfect competition, a firm, which earns normal profit in the…