Which of the Following Will Lead to a Decrease in Supply

question 113

Multiple Choice

Which of the following will lead to a decrease in supply of a good?

• A) an increase in the price of the good
• B) an increase in consumer incomes
• C) an increase in the price of an important resource used to produce the good
• D) a technological advance that lowers the cost of producing the good

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Definitions:

Charles Tilly

A renowned scholar in the fields of sociology and political science, known for his contributions to our understanding of social movements, democracy, and the history of Europe.

Directed Violence

Violence that is planned or intended to target specific individuals or groups.

Spontaneous Violence

Unplanned, explosive acts of aggression that occur suddenly, often as a result of intense emotion or stress.

Property Damage

Physical destruction or harm caused to buildings, personal property, or other tangible assets.