Which of the Following Would Most Likely Increase the Supply

question 41

Multiple Choice

Which of the following would most likely increase the supply of college textbooks?

• A)Exodus of five major publishers from the industry
• B)An increase in the cost of paper used in books
• C)An increase in the wage rate of workers associated with printing
• D)Expectation of a price rise in the future
• E)An improvement in the technology used in book production

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Definitions:

Large Corporation

A significantly sized company typically characterized by vast operations, substantial revenues, and a large number of employees.

Financial Asset

An intangible asset representing a legal claim to future payment, such as stocks, bonds, or bank deposits.

Security

A financial asset. Commonly a stock or a bond. An asset pledged to guarantee the repayment of a loan.

Stock

Equity securities representing ownership interest in a company; holders may enjoy dividends and voting rights.