A processor of alligator hides can produce either purses or shoes.If the demand for alligator shoes increases,then the ________ alligator purses will ________.
A) supply of; increase
B) supply of; decrease
C) demand for; decrease
D) demand for; increase

Question

Quizplus · Accepted Answer

If the demand for alligator shoes increases, the processor will likely shift production towards shoes, leading to a decrease in the supply of alligator purses. Therefore, the supply of alligator purses will decrease.

A Processor of Alligator Hides Can Produce Either Purses or Shoes.If