Which of the Following Decreases the Supply of Popcorn

question 155

Multiple Choice

Which of the following decreases the supply of popcorn?

• A) a technological advance in the production of popcorn
• B) an increase in the price of popcorn
• C) a decrease in the price of popcorn
• D) a decrease in the number of popcorn producers

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Definitions:

Earning Opportunities

Potential situations or activities through which an individual or business can generate income or profits.

Alternative Jobs

Employment opportunities that differ from mainstream or traditional career paths, often considered by individuals seeking flexibility or alignment with personal interests and values.

Rational Individual

An assumption in economics that individuals make decisions based on the maximization of their personal utility, acting with self-interest and complete information.

Traveling By Plane

The act of moving from one place to another distant place by aircraft, commonly used for long-distance travel.