Which of the Following Increases the Supply of a Good

question 196

Multiple Choice

Which of the following increases the supply of a good?

• A) a decrease in the price of a complement in production
• B) producers expect higher prices for the good in the future
• C) productivity improves
• D) prices of inputs used to produce the good rise
• E) The number of producers decreases.

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Definitions:

Account Balance

The amount of money in a financial repository at any given moment, which can represent credit or debit balances.

Horizontal Analysis

An analytical technique in financial statement analysis where the amounts of financial data for multiple periods are compared to detect trends and changes.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net income or loss.

Sales

The exchange of goods or services for money, constituting the primary source of revenue for a business.