Which One of the Following Would Cause an Increase in the Supply

question 167

Multiple Choice

Which one of the following would cause an increase in the supply of cardboard?

• A)a decrease in the demand for cardboard
• B)an increase in the price of cardboard
• C)an increase in taxes applied to cardboard producers
• D)an improvement in the technology used to produce cardboard

---

Definitions:

Adverse Selection Death Spiral

A situation in insurance markets where rising premiums cause healthy people to drop coverage, leaving a pool of mainly high-risk insureds, leading to further rate increases and potentially the collapse of the market.

U.S. Government

The federal government of the United States, consisting of three branches: executive, legislative, and judicial, established by the Constitution.

Common Resource

A resource that is nonexcludable and rival in consumption.

Super Bowl

The annual championship game of the National Football League (NFL), watched by millions worldwide.