Which of the Following Increases the Quantity Supplied of Compact

question 112

Multiple Choice

Which of the following increases the quantity supplied of compact discs, but does NOT increase the supply of compact discs?

• A) A decrease in the number of suppliers of compact discs.
• B) An increase in the price of the resources used to produce compact discs.
• C) New technology that lowers the cost of producing compact discs.
• D) A decrease in the price of a compact disc.
• E) An increase in the price of a compact disc.

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Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior, ensuring order and justice.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct.

Interchangeable

means capable of being used in place of each other with similar function or purpose.

Provincial Law Society

An organization in each Canadian province responsible for regulating the legal profession in the public interest.