Which of the Following Leads to an Increase in the Quantity

question 110

Multiple Choice

Which of the following leads to an increase in the quantity supplied but not an increase in supply?

• A) a decrease in the costs of production
• B) an increase in the product's price
• C) an advance in the technology used to produce the good
• D) an increase in the price of another product that the suppliers can produce
• E) an increase in the number of firms producing the good or service

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Definitions:

Fraudulent Misrepresentation

A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.

False Statements

Deliberately untrue declarations made with the intention to deceive people or legal entities.

Injury

Physical harm or damage to an individual's body, or harm in legal contexts to someone's rights or reputation.

Mutual Rescission

An agreement between parties to terminate their contract and restore them to their original positions as if the contract had never existed.