Select the Phrase That Correctly Completes the Following Statement

question 175

Multiple Choice

Select the phrase that correctly completes the following statement."A decrease in the number of manufacturers caused a decrease in the supply of sailboats.As a result

• A)the price of sailboats increased and the demand for sailboats decreased."
• B)the equilibrium quantity of sailboats increased."
• C)the price of sailboats increased and the quantity of sailboats demanded decreased."
• D)the price of sailboats increased.The higher price caused the supply of sailboats to increase."

---

Definitions:

Private Sector Workers

Employees who work for businesses owned by individuals or entities other than the government or public sector.

Phalanges

The bones of the fingers and toes.

Carpals

The bones that form the wrist, connecting the forearm to the hand.

Metacarpals

The five long bones in the hand located between the wrist and the fingers.