Which of the Following Would Be Expected to Cause an Increase

question 144

Multiple Choice

Which of the following would be expected to cause an increase in the supply of fax machines?

• A) An increase in the number of business firms demanding fax machines.
• B) An increase in the price of fax machines.
• C) A decrease in the cost of manufacturing fax machines.
• D) The expectation that the price of fax machines will fall in the future.
• E) An increase in the demand for fax machines.

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Definitions:

Amortization

The process of gradually writing off the initial cost of an asset over a period, typically for intangible assets such as patents or goodwill.

Intangible Assets

Long-term assets that are used in the operations of a business, are not held for sale, and are without physical qualities.

Spreadsheet Method

A computational approach that utilizes a software program or application designed for organizing, calculating, and managing data in columns and rows.

Dividends Received

Income received by investors for owning shares of a company, typically distributed from the company's earnings.