An Increase in the Demand for a Product and a Reduction

question 48

Multiple Choice

An increase in the demand for a product and a reduction in its costs of production would

• A)decrease the profits of producers.
• B)encourage firms to leave an industry.
• C)encourage firms to enter an industry.
• D)cause a shortage of the product.

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Definitions:

Courier Delivery

Courier Delivery is a service that transports documents, packages, and various items from one location to another, often featuring tracking and expedited options.

Opportunistic Infections

Infections that occur more frequently and are more severe in individuals with weakened immune systems, such as those with HIV/AIDS or cancer.

Resident Normal Flora

Microorganisms that commonly reside on and in the human body, often providing some degree of protection against pathogenic ones.

Colony

A group of organisms living together, often referring to microorganisms grown in culture or to human settlements in new lands.