Which of the Following Factors Causes a Decrease in Supply

question 232

Multiple Choice

Which of the following factors causes a decrease in supply?

• A) a decrease in demand
• B) a decrease in the price of the product
• C) an increase in the price of the product
• D) new taxes on output

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Definitions:

Functional Groupings

the organization of objects, tasks, or responsibilities based on their purpose or similarity in function.

Staff Positions

Roles within an organization that support the line or primary activities, often involved in administrative, advisory, or strategic planning functions.

Authority

The power or right to give orders, make decisions, and enforce obedience within an organizational or societal structure.

Line Positions

Roles within an organization directly involved in the core business operations, responsible for achieving company objectives.