Which Factor Will NOT Cause an Increase in the Supply

question 246

Multiple Choice

Which factor will NOT cause an increase in the supply of good X?

• A)an improvement in the technology used to produce good X
• B)an increase in the number of firms that sell good X
• C)an increase in the price of inputs used to produce good X
• D)a decrease in the price of labor used to produce good X

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Definitions:

Misrepresentation

The act of providing false, misleading, or fundamentally incorrect information during the process of a transaction or any form of communication.

Misappropriation

The unauthorized, improper, or illegal use of resources, often involving funds or property entrusted to an individual's care.

Cognitive Ability

The capacity to perform mental processes such as thinking, reasoning, and problem-solving.

Verbal Skills

The ability to express ideas effectively and communicate information through spoken words.