Which of the Following Would Not Cause the Market Supply

question 122

Multiple Choice

Which of the following would not cause the market supply of cell phones to change?

• A)Telecommunications are deregulated,and anyone who wants to can produce and sell cell phones.
• B)A cheaper technology for producing plastics used in producing cell phones is developed.
• C)A reduction in the demand for cell phones causes the price to fall.
• D)Taxes levied on cell phone production are reduced.

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Definitions:

Holy Roman Empire

A multi-ethnic complex of territories in central Europe that developed during the Early Middle Ages and lasted until its dissolution in 1806, often led by an emperor elected by the princes.

Patronage

The support, encouragement, privilege, or financial aid that an organization or individual bestows to another.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, radically transforming societies.

Vulnerable

Exposed to the possibility of being attacked or harmed, either physically or emotionally.