Which of the Following Increases the Supply of a Product

question 79

Multiple Choice

Which of the following increases the supply of a product?

• A) a fall in the price of the product
• B) a smaller number of sellers producing the product
• C) an increase in foreign imports of the product
• D) higher taxes imposed upon producers of the product

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Definitions:

Service Mark

A trademark used to identify and distinguish the services (rather than goods) offered by one entity from those of others.

Arbitrary Or Fanciful

Describes trademarks that are entirely invented or have no direct connection to the product or service they represent.

Generic Terms

Common words or phrases not protected by trademark as they refer to general classes of products or services rather than to distinguishable goods or services of a particular source.

Trademarks

Identifiable signs, logos, or names that distinguish products or services to protect the brand's identity.