Which of the Following Leads to an Increase in the Quantity

question 57

Multiple Choice

Which of the following leads to an increase in the quantity supplied, but not an increase in supply?

• A) An advance in the technology used to produce the good.
• B) An increase in the product's price.
• C) A decrease in the costs of production.
• D) An increase in the price of another product that the suppliers can produce.
• E) An increase in the number of firms producing the good or service.

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Definitions:

Uniform Probate Code

A set of laws designed to standardize the process of administering a deceased person's estate across different jurisdictions.

Devise

Real property that is left in a will. In states that have adopted the Uniform Probate Code, the term refers to both real and personal property.

Defense of Marriage Act

A U.S. federal law enacted in 1996 that defined marriage as a union between one man and one woman for federal and inter-state recognition purposes, partially struck down in 2013.

Constitutionality

The quality or condition of being in accordance with a political constitution, especially pertaining to the legality of actions or statutes.