Which of the Following Increases the Quantity Supplied of Good

question 40

Multiple Choice

Which of the following increases the quantity supplied of good X but does NOT increase the supply of good X?

• A) an increase in the price of X
• B) a fall in the price of a factor production used to produce X
• C) an increase in the price of good Y, a complement in the production of X
• D) an advance in the technology for producing X

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Definitions:

Employers

Individuals or organizations that hire and pay people for their work.

Tax Evasion

The illegal practice of not paying taxes by individuals or corporations through various means such as underreporting income or hiding money.

Tax Laws

Legal regulations related to the assessment and collection of taxes by the government.

White-collar Deviance

Illegal or unethical acts committed by individuals in professional occupations during the course of their employment.