Which of the Following Will NOT Cause an Increase in the Supply

question 194

Multiple Choice

Which of the following will NOT cause an increase in the supply of cornflakes?

• A)an increase in the price of cornflakes
• B)a cost-saving improvement in the technology of corn production
• C)a reduction in the price of corn
• D)the expectation by producers that the price of cornflakes will fall in the future

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Definitions:

Life Expectancy

The average number of years a person is expected to live based on demographic factors such as current age, gender, and geographic location, calculated from statistical data.

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