When There Is an Increase in Quantity Supplied

question 62

Multiple Choice

When there is an increase in quantity supplied,

• A)producers are forced to supply more by government mandate.
• B)producers are displaying a decreased willingness to produce because price has risen.
• C)technology must have improved.
• D)there must have been an increase in output price, ceteris paribus.
• E)consumers are unlikely to buy the additional product.

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Definitions:

Sensitization

An increase in the strength or frequency of a response due to the repeated application of a stimulus.

Habituation

The mechanism by which an entity lessens or discontinues its replies to a repetitive signal with the passage of time.

Decreased Anxiety

refers to the reduction in feelings of worry, nervousness, or unease typically about an imminent event or something with an uncertain outcome.

Sensitization

The process of becoming more sensitive to a particular stimulus over time, often as a result of repeated exposure.