Which of the Following Will Lead to an Increase in Quantity

question 105

Multiple Choice

Which of the following will lead to an increase in quantity supplied of a given good?

• A)An increase in resource prices
• B)A technological improvement
• C)An increase in population
• D)An increase in the price of the good
• E)An increase in the price of an alternative good

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Definitions:

Goals And Objectives

The targets and specific outcomes that individuals or organizations aim to achieve through their actions and strategies.

Accounting Information System

A system that collects and processes transaction data and communicates financial information to decision-makers.

Management Function

Activities carried out by managers in an organization such as planning, organizing, leading, and controlling to achieve business objectives.

Constraining

The act of limiting or restricting some process or activity.