How Would a Decrease in the Cost of Production Affect

question 41

Multiple Choice

How would a decrease in the cost of production affect the market for video games?

• A) Supply would decrease, leading to an increase in price and a reduction in quantity sold.
• B) Supply would decrease, leading to a reduction in price and a reduction in quantity sold.
• C) Supply would increase, leading to an increase in price and an increase in quantity sold.
• D) Supply would increase, leading to a reduction in price and an increase in quantity sold.